Google included a bombshell in its earnings report today (namely that co-founder Larry Page will replace current chief executive Eric Schmidt), but in addition to the big news the company also shared its earnings numbers as usual &8212' and as usual, they exceeded analyst estimates.

The company said that during its fourth quarter of 2010, its net income increased $2.54 billion, or $7.81 per share, beating estimates of $8.06 per share and up from $1.97 billion in the fourth quarter of 2009. Total revenue was $8.44 billion, up 26 percent from the same period last year.

Other noteworthy numbers from the earnings report:

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Tags: search advertising, web search

Companies: Google

People: Eric Schmidt, Larry Page

Tags: search advertising, web search

Companies: Google

People: Eric Schmidt, Larry Page

Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.

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