Google easily beat predictions of how much it would earn, with a record $9billion in revenues - up by 32% compared to the same period last year - and profits of $2.5billion, up 36% year on year.
Google also confirmed that they're going on a massive hiring spree - they hired an extra 2,542 employees in the quarter, bringing their total number up to around 28,00 worldwide. The firm had previously said it plans to hire over 6,000 new Googlers this year.
Shares in the company surged by 12% with the news, as Wall Street decided that maybe Page replacing Schmidt wasn't such a bad idea after all.
As always with Google, most of their profit came from their advertising business - and that's a market that's only growing, with Google revealing that web surfers were clicking on 18% more ads than this time last year.
The company also confirmed estimates from a few days ago that their new Google+ social network - which has debuted to positive reviews - had already passed 10millions users in its first few weeks. Larry Page also said that the users of the service were already sharing 1billion items per day.
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