GIVEAWAY: Sabrent Rocket 4 Plus PCIe 4.0 NVMe SSDs up for grabs!

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.

@tracehagan
Published Tue, Jan 22 2013 5:28 PM CST   |   Updated Tue, Nov 3 2020 12:25 PM CST

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's fourth quarter results are in, revenue and profit up, cost-per-click down | TweakTown.com

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."

Trace is a starving college student studying Computer Science. He has a love of the English language and an addiction for new technology and speculation. When he's not writing, studying, or going to class, he can be found on the soccer pitch, both playing and coaching, or on the mountain snowboarding.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles