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Google announces its Q4 2013 earnings, $16.86 billion in revenue

Google reports $16.86 billion revenue for Q4 2013, $3.92 billion in operating income (NASDAQ:GOOG)

| Business, Financial & Legal News | Posted: Jan 31, 2014 3:29 am

Google has released both its Q4 2013 and full year 2013 financial results, with the Mountain View-based search giant seeing increases in both revenue, and income.

 

TweakTown image news/3/5/35171_03_google_announces_its_q4_2013_earnings_16_86_billion_in_revenue.jpg

 

For Q4 2013, Google saw revenues of $16.86 billion, up 17% year-over-year. Operating income for the three-month period was $3.92 billion, or 23% of its total revenues. Net income reached $3.38 billion, up from $2.89 billion from the same time last year. Google owned-site revenue was up 22% year-over-year to $10.55 billion, representing 67% of Google's total revenues.

 

Paid clicks were up around 31% for the quarter, with an 11% year-over-year decrease on cost-per-click. Motorola Mobility, which Google just sold to Lenovo for $2.91 billion, saw a $384 million operating loss for Q4 2013.

NEWS SOURCE
Androidcentral.com

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