Motorola boosts Google revenue

Google also improved ad revenues by 21 per cent

Google has reported a profit of $US2.79 billion in the quarter ended June 30, up 11 percent over the same period of last year, in the company's first financial statement since it finalized its acquisition of Motorola in May.

Motorola brought in $US1.25 billion in revenue in the quarter that ended June 30, about 10 per cent of Google's total revenue. But Motorola also accounted for an operating loss of $US233 million, which brought Google's total operating income down as a percent of its revenue by 6 percentage points.

Google's total revenue, including Motorola sales, was $US12.21 billion compared to $US9.02 billion a year earlier.

Google seems to be betting on expanding its foray into making devices.

In a statement, CEO Larry Page noted that the company had launched "a bunch of exciting products" at its recent I/O developers conference in San Francisco, including the Nexus 7 tablet.

"This quarter is also special because Motorola is now part of the Google family, and we're excited about the potential to build great devices for users," Page said.

Google's advertising business remained strong, bringing in nearly $US11 billion, a 21 per cent increase year over year. But the company's cost per click, or what it earns from advertisers per click, was down 16 percent from the same period of last year. The metric, which has been cause for some concern among financial analysts, did rise a single percentage point since the first quarter of this year.

Analysts polled by Thomson Reuters had expected Google to deliver earnings per share, excluding one-time items, of $US10.04. Google delivered $US10.12.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Cameron Scott

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Cate Bacon

Aruba Instant On AP11D

The strength of the Aruba Instant On AP11D is that the design and feature set support the modern, flexible, and mobile way of working.

Dr Prabigya Shiwakoti

Aruba Instant On AP11D

Aruba backs the AP11D up with a two-year warranty and 24/7 phone support.

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?