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Google Q1 2013 numbers are strong, revenues are up 31% from last year

Google Q1 2013 earnings results are in, $13.97 billion in revenue with $3.48 billion in profits

| Business, Financial & Legal News | Posted: Apr 19, 2013 5:36 am

While Apple's share price continues to tumble - I'm sure there's a better word for that... nosedive? - Google Q1 2013 earnings are in, and what a report they have to share with the world. A break down of the numbers is below:

 

TweakTown image news/2/9/29814_07_google_q1_2013_numbers_are_strong_revenues_are_up_31_from_last_year.jpg

  • $13.97 billion in revenue for the quarter, up 31-percent year-over-year
  • $3.48 billion in operating income, up slightly y-o-y but down as a percentage of revenue
  • Google-owned sites represented $8.64 billion of those revenues
  • Google Network (partner sites) represented $3.26 billion of revenue
  • Motorola posted $1.02 billion in revenues, 7-percent of Google's total
  • Motorola ended with an operating loss of $271 million for Q1

 

The total revenue for the quarter being $13.97 billion, sees a huge 31% increase year-over-year. Motorola are still posting a loss, but I think we'll see the last of those in the coming months, and by this time next year we should see Motorola hopefully making all of Google's hardware.

NEWS SOURCE
Androidcentral.com

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