Tech content trusted by users in North America and around the world
6,799 Reviews & Articles | 46,956 News Posts
Make us an awesome TweakTown wallpaper, win a Corsair Hydro H110i GT

Google's fourth quarter results are in, revenue and profit up, cost-per-click down

Google reports financial results for fourth quarter, managed $50 billion for FY 2012
| Business, Financial & Legal News | Posted: Jan 22, 2013 11:28 pm

Today is a popular day for companies to report their fourth quarter financial results and Google certainly didn't want to be left out. Google performed quite well during the fourth quarter with revenue and profit both increasing, though cost-per-click has continued to decline.




Google recorded a revenue result of $11.34 billion, which doesn't include results from Motorola Home. This figure is up from $8.13 billion in 2011, so nearly 50 percent higher. Non-GAAP profit is up to $3.57 billion, which is up from $3.13 billion year-over-year.


Cost-per-click prices are down 6 percent year-over-year, though they recovered 2 percent from the third quarter of 2012.


For the fiscal year 2012, Google managed to bring in $50 billion in revenue. This is up from 2011, where they only managed to bring in $38 billion.


"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."


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases