AppId is over the quota
While all eyes will be on Apple's earnings report tomorrow, Google earlier today released its earnings results from Q4 2012 and posted revenue of $14.42 billion, a figure which would have been $15.24 billion if revenue from Motorola Home was included.
"We ended 2012 with a strong quarter,” Google CEO Larry Page said in a press release. "Revenues were up 36% year-on-year, and 8% quarter-on-quarter. And we hit $50 billion in revenues for the first time last year – not a bad achievement in just a decade and a half. In today’s multi-screen world we face tremendous opportunities as a technology company focused on user benefit. It’s an incredibly exciting time to be at Google.”
But enough about revenue, how much did Google actually take home in profit last quarter?
Well, the recorded $2.9 billion in profit, or $8.62 a share. By way of contrast, during the same quarter a year-ago, Google posted a profit of $2.7 billion or earnings of $8.22 per share.
So while Google's revenues are up an impressive 36%, its net profit only grew by about 7.5% Analysts were anticipating EPS of $10.57 on revenue of $12.38 billion. It'll be interesting to see how the market rewards or punishes Google for their revenue growth and slower-than-anticipated profit growth.
Some other notes of interest from Google's earnings report include:
The number of aggregate paid clicks at Google during the last quarter rose by approximately 24% from the same quarter a year-ago.
Cost-per-click rates, however, decreased by 6% year over year.
Google spent more than $1 billion on infrastructure in the last quarter, representing the company's second largest quarterly infrastructure expenditure in history.
And conspicuously absent from Google's earnings report was any mention of Google+.
via Google
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