Google's Q4 revenue jumps 36 per cent

For the full year, Google's revenue topped $US50 billion for the first time, something CEO Larry Page described as 'not bad'

Google's fourth-quarter revenue was up 36 per cent from the previous year, thanks to continued growth in its advertising business.

Revenue for the quarter, which ended December 31, was $US14.42 billion, up from $US10.6 billion a year earlier, according to Google. The figures exclude the commissions and fees that Google pays to other sites that run its ads. Taking those into account, revenue for the last quarter was $US11.34 billion.

Net income was $US2.89 billion, or $US8.62 a share, compared to $US2.71 billion, or $US8.22 per share, in the fourth quarter a year earlier, Google said. The latest figure includes the loss from Motorola's Home business division, which Google agreed to sell in December.

On a pro forma basis, which excludes the Motorola loss and other items, net income would have been $US3.57 billion, or $US10.65 a share, compared to $US3.13 billion, or $US9.50 per share, in the fourth quarter of 2011.

In a statement, CEO Larry Page said Google's full-year revenue topped $US50 billion for the first time -- "not a bad achievement in just a decade and a half," he said.

Revenue from Google's own websites made up two-thirds of its total revenue and was up 18 per cent from last year. Revenue from its partner sites generated 27 per cent of revenue, an increase of 19 per cent, Google said. Its "other" revenue category accounted for the remainder.

FILL IN THE SURVEY - AND YOU COULD BE A WINNER: ARN wants to hear from YOU. Tell us how you run a successful business and you could win an adrenaline-fuelled adventure of your choice. COMPLETE THE ARN SURVEY.

Tags Googleinternetsearch engines

More about GoogleMotorola Australia

ARN Directory | Distributors relevant to this article

Comments

Comments are now closed

 

Latest News

06:27PM
PS&C acquires Pure Hacking for $8.3 million
05:37PM
Melbourne IT profit takes a tumble
04:32PM
WESTCON IMAGINE 2014: Resilience that saved QF32 will help IT companies survive,...
04:30PM
SME business sentiment falls
More News
28 Aug
CA IT Leaders Forum ’14 Canberra
29 Aug
CA Expo ’14 Perth
08 Sep
ITIL Foundation (incl. Exam)
10 Sep
CPX 2014
View all events