Speaking after the company's blowout earnings report, CEO Larry Page said:
We had a great quarter. Revenue was up 33% year on year and our quarterly revenue was just short of $10 billion. Google+ is now open to everyone and we just passed the 40 million user mark. People are flocking into Google+ at an incredible rate and we are just getting started!
Despite the strong amount of signups, traffic has been dwindling as less people find use for the service. When the service moved out of beta, traffic exploded 1200 percent, but the spike was short lived, falling as much as 60 percent from the peak, says Chitika Insights.
Rival Facebook has 750 million users and is the top visited site in the U.S.
Written by: Andre Yoskowitz @ 17 Oct 2011 23:26
