My April 1st posting, Google Slowing?, detailed interpretations of recent Comscore data that showed that the almighty Google may actually be losing strength.

However, Google just released their Q1-08 earnings and hit the ball out of the park! Check out these numbers:

- Q1-08 earnings of US$1.31 billion or $4.12 per share versus US$1 billion or $3.18 per share in Q1-07. This represents a 30% increase folks!

- Q1-08 revenues totaled $5.19 billion, an increase of 42% Y-O-Y and about US$100 million above analysts expectations!

- Google International accounted for over half of total revenues which shows improved traction in global markets.

This also shows what a weakening US$ can do for companies with a growing presence overseas.

From Bloomberg:

This is the quarter where we’re now 51 percent international, and I don’t think that number is going to go down,” Chief Executive Officer Eric Schmidt said on a conference call. Google is seeing “market share growth and good revenue growth in China,” he said.

Read this again because if you are not busy building strategic operations overseas then the time is NOW!

Google shares jumped 17% or US$76 in after hours trading.

Coincidentally, shares of Comscore fell as their data did not clearly reflect Google’s true performance.