Stay on Top of Enterprise Technology Trends
Get updates impacting your industry from our GigaOm Research Community
Google’s UK revenue dipped 11 percent dipped 8.5 percent this spring. Q2 sales came in at $770 million, down from Q1’s $842 million.
It meant the proportion of revenue the UK contributes to Google’s earnings fell from 13 percent to 11 percent.
Google (NSDQ: GOOG) only states UK earnings in US dollars.
The company saved $79 million in currency fluctuations through a foreign exchange risk programme.
As my colleague Joseph reports, Google-wide net revenue was up 25 percent to $5.09 billion, from $4.07 billion during the same period a year ago.