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!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
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

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?