Google made whopping revenue (Net Profit) of USD 8.14 Billion in its 1st quarter of year 2012. The company reported its Profit earnings and has declared that Google as company now has $49.3 Billion in cash in their bank accounts that reside within U.S. Googles revenue rose 24% when compared to the revenues of Q4 2011. Seems google is growing better than it is expected.
Obviously google does not counts or shows up their oversees revenue for Tax savings.

P.S. They are tipped to make around a staggering $40Billion this calendar year.