Google today announced its earnings report for Q3 2011. We are hearing the word "billions" a lot. $9.72 billion in revenue for the quarter, which is up 33 percent from the same time period last year. Net income (GAAP) was $2.73 billion, also up from $2.17 billion for Q3 2011. With $46.2 billion in cash on hand.

Lots of money in the search business still. No Android news (Unfortunately) in the release, so stay tuned for the earnings call and Q&A.

Source: Google. Via: AndroidCentral.Com