Google Reports $14.42 Billion in Revenue for Q4 2012
Google has just made public the financial results for its Q4 that ended on the 31st of December. Not including Motorola Home, the company reported consolidated revenues of $14.42 billion.
Mountain View-based search engine giant Google was glad to announce that it ended the fiscal year with a strong yearend quarter. If we were to include Motorola Mobile’s revenues, we would say that Google’s consolidated revenues would have been $15.24 billion. But we won’t include the company that Google runs as a separate entity, we will break it down: Google reported $14.42 billion in revenue for Q4 2012 and Motorola home reported $1.51 billion in revenue.
We ended 2012 with a strong quarter,” said Larry Page, CEO of Google. “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.
Now that Google’s Q4 is over, now that the company successfully ended another fiscal year, a question comes to mind: How much money does Google have right now? The answer is that Google now has $48.1 billion in cash, cash equivalents, and marketable securities.
A more detailed look at Google’s Q4 financial results is available here.
Moving from Mountain View to Cupertino, Apple will soon make public the results for quarter that ended in December 2012. As always, Apple is sure to release some stellar reports. Rumor has it that with growing demand from Samsung devices (powered by Google’s Android OS), Apple may be in store for a tough quarter. Reports suggest that Apple will lose smartphone market share for the current quarter. We’ll just have to wait and see.
Mountain View-based search engine giant Google was glad to announce that it ended the fiscal year with a strong yearend quarter. If we were to include Motorola Mobile’s revenues, we would say that Google’s consolidated revenues would have been $15.24 billion. But we won’t include the company that Google runs as a separate entity, we will break it down: Google reported $14.42 billion in revenue for Q4 2012 and Motorola home reported $1.51 billion in revenue.
We ended 2012 with a strong quarter,” said Larry Page, CEO of Google. “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.
Now that Google’s Q4 is over, now that the company successfully ended another fiscal year, a question comes to mind: How much money does Google have right now? The answer is that Google now has $48.1 billion in cash, cash equivalents, and marketable securities.
A more detailed look at Google’s Q4 financial results is available here.
Moving from Mountain View to Cupertino, Apple will soon make public the results for quarter that ended in December 2012. As always, Apple is sure to release some stellar reports. Rumor has it that with growing demand from Samsung devices (powered by Google’s Android OS), Apple may be in store for a tough quarter. Reports suggest that Apple will lose smartphone market share for the current quarter. We’ll just have to wait and see.
