Google’s record $ 3.35 billion net profit for the first quarter of 2013




Home | IT hubs | Business News |

Google’s record $ 3.35 billion net profit for the first quarter of 2013

Google revealed its financial results during the first quarter of the current year

Google revealed its financial results in the first quarter of 2013, which showed achieve profits amounted to $ 13.9 billion, up 31% compared to the first quarter of last year, equivalent to 11.58 per share. The net profit of 3.35 billion dollars, an increase of half a billion for the same period in 2012.

Google profits not seen a significant increase compared with the end of last year; reaching 14.10, and 14.42 billion dollars during the third and fourth quarters, respectively.

In a statement, the company described its chief executive Larry Page profits as a very strong start to the year 2013. He added that the company is working hard and invest in their products in order to improve the lives of millions of people all over the world.

The Google ad profits of 12.95 billion U.S. dollars, accounting for 93 percent of total profits, up 22% from last year, and achieved sites Almloch to Google’s $ 8.64 billion increased by 67%, while profits of Google’s partner sites of $ 3.26 billion.

Google and reaped $ 7.1 billion of its business outside the United States. And saw the first quarter of this year, a lower average price per click rate of 4% for the first and last quarters of last year, also increased paid clicks on Google by 20% compared with the same period last year.

It was remarkable results within Google’s recent financial earnings decline Motorola, which Google acquired last year ; amounting to $ 1.02 billion compared to $ 1.51 billion in the fourth quarter of 2012, which is consistent with the decline in sales of Motorola phones this year.
Google quarterly profit


Tags: , ,

In: Technology & Gadgets Asked By: [15484 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »