Google posts $14.11 billion in revenue, disappoints street

Google logoGoogle today declared quarterly consolidated revenues of $14.11 billion for the quarter ended June 30, an increase of 19 percent compared to the second quarter of 2012. Operating income in the second quarter of 2013 was $3.12 billion, or 22 percent of revenue. Operating income in the second quarter of 2012 came in at $3.24 billion, or 27 percent of revenues. Despite producing some growth, the company's acquisition of Motorola continues to drag down results, and Google missed analysts estimates for revenue, growth and opex costs.

Highlights for the quarter include aggregate paid clicks, which include clicks related to ads served on Google sites and the sites network members, increased approximately 23 percent over the second quarter of 2012 and increased approximately four percent over the first quarter of 2013. Average cost-per-click decreased approximately six percent over the second quarter of 2012, and decreased approximately two percent over the first quarter of 2013.

Motorola Mobile revenues were $998 million, or seven percent of consolidated revenues in the second quarter of 2013, compared to $843 million, also seven percent of consolidated revenues in the second quarter of 2012. Operating loss for Motorola Mobile was $342 million, or -34 percent of Motorola Mobile revenues in the second quarter of 2013. The result was even worse than last year, which had an operating loss of $199 million, or -24 percent of Motorola Mobile revenues in the second quarter of 2012.

On a worldwide basis, Google employed 44,777 full-time employees with 40,178 in Google itself and 4,599 in Motorola Mobile as of June 30. This compares to 53,891 full-time employees in March 2013 with 38,739 in Google, 9,982 Motorola Mobile, and 5,170 employees in the now-sold Motorola Home division. The stock dived five percent in after-hours trading on the results.

Source: Electronista

Tags: Google, report

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
The NVIDIA GeForce GTX 1180 will be Turing-based with a 12nm FinFET die shrink
 
This only works on posts made by profiles that are public
 
 
The device will be standalone and based on a Qualcomm chipset
 
Apple plans on offering a cheaper smart speaker that will be priced at $199
 
Chrome will adopt a new approach to indicating site security
 
Data shows they are leading smartphone sale worldwide
 
Is this an error or it is really happening?
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
  12345
6789101112
13141516171819
20212223242526
2728293031  




Poll

Do you use microSD card with your phone?
or leave your own version in comments (10)