Google reports 17% revenue rise for fourth quarter
http://www.theguardian.com/technology/2014/jan/30/google-reports-17-revenue-rise-fourth-quarter
Google’s
revenues has increased and climbed up to 17% in the season of winter of 2013,
however, their low cost mobile adverts has decreased and chipped away at the
price of the new on-line adverts they have. This information came a day after
they announced it was selling the new and popular Motorola Mobile for a
fraction of its purchase price. The Advertising revenue rose 17% to
$14.07 billion from the year earlier period. Most of their money they revenue
came from their on-line site, the search engine and YouTube. Google generated
$10.55 billion pound in the last quarter of the season and year, as it jumped
to 11% in 2013 for the final quarter of the year. However, Google lost a lot of
money via through the Motorola service, as the business loss $384 million pound
in 2013.
Analysts
polled by Thomson Reuters had expected $16.75 billion. Profits rose 17% to $3.38 billion,
or $9.90 a share, up from $2.89 billion , or $8.62 per share, for the same period last
year.
“We ended
2013 with another great quarter of momentum and growth,” said Larry Page, chief
executive of Google. “We made great progress across a wide range of product
improvements and business goals. I'm also very excited about improving people's
lives even more with continued hard work on our user experiences.”
Revenue
from the Motorola Mobility unit declined 24% to $1.15 billion, while the operating
loss for the business was $384 million, up from $248 million in the prior period.
Sales of
the new Motorola phones have not been strong and shareholders have been unhappy
about the division’s losses amid intense competition in the mobile hardware
market.
Google is a well-known and popular company and business, and
is known and used by billions of people every day. By having their own business,
where people can search for anything through, which is very popular, they also
own video sharing site YouTube, which is also popular, used by billions of
people every day, as both businesses are as big and huge as each other. So, of
course Google are generating a lot of money every year and increase their shares,
because they know that that they are most viewed site on this planet and they
are increase and expanding and finding new ways to improve this, like introducing
new Google phones and new Google contract lenses and many more things in the
future.
Google’s
revenues has increased and climbed up to 17% in the season of winter of 2013,
however, their low cost mobile adverts has decreased and chipped away at the
price of the new on-line adverts they have. This information came a day after
they announced it was selling the new and popular Motorola Mobile for a
fraction of its purchase price. The Advertising revenue rose 17% to
$14.07 billion from the year earlier period. Most of their money they revenue
came from their on-line site, the search engine and YouTube. Google generated
$10.55 billion pound in the last quarter of the season and year, as it jumped
to 11% in 2013 for the final quarter of the year. However, Google lost a lot of
money via through the Motorola service, as the business loss $384 million pound
in 2013.
Analysts
polled by Thomson Reuters had expected $16.75 billion. Profits rose 17% to $3.38 billion,
or $9.90 a share, up from $2.89 billion , or $8.62 per share, for the same period last
year.
“We ended
2013 with another great quarter of momentum and growth,” said Larry Page, chief
executive of Google. “We made great progress across a wide range of product
improvements and business goals. I'm also very excited about improving people's
lives even more with continued hard work on our user experiences.”
Revenue
from the Motorola Mobility unit declined 24% to $1.15 billion, while the operating
loss for the business was $384 million, up from $248 million in the prior period.
Sales of
the new Motorola phones have not been strong and shareholders have been unhappy
about the division’s losses amid intense competition in the mobile hardware
market.
Google is a well-known and popular company and business, and
is known and used by billions of people every day. By having their own business,
where people can search for anything through, which is very popular, they also
own video sharing site YouTube, which is also popular, used by billions of
people every day, as both businesses are as big and huge as each other. So, of
course Google are generating a lot of money every year and increase their shares,
because they know that that they are most viewed site on this planet and they
are increase and expanding and finding new ways to improve this, like introducing
new Google phones and new Google contract lenses and many more things in the
future.
No comments:
Post a Comment