Google's Larry Page: We Had A Great Quarter

Google announced its third quarter financial results Thursday, reporting revenues of $9.72 billion.

We had a great quarter, said Larry Page, CEO of Google. Revenue was up 33 percent year on year and our quarterly revenue was just short of $10 billion.

Page also showed some figures and enthusiasm for Google+, the company's social network launched in .

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!

Google-owned sites, such as YouTube, Blogger, and Orkut, were largely responsible for the company's success. Google sites generated 69 percent of total revenues with $6.74 billion, which represents a 39 percent increase over last year's third quarter revenues of $4.83 billion.

Google also generated $2.60 billion, or 27 percent of its total revenues, from Google's one million-plus partner sites, such as Epicurious and Engadget.

About 55 percent of Google's total revenues came from outside the U.S., but the company claims that if foreign exchange rates stayed the same from the second quarter, Google would have $53 million less in the coffers.

Google also reports having $42.6 billion in cash, cash equivalents, and short-term marketable securities.

The company was also busy hiring this summer. For the quarter ended Sept. 30, 2011, Google employed 31,353 full-time employees worldwide, an increase of 2,585 employees from June 30.