Technology content trusted in North America and globally since 1999
8,459 Reviews & Articles | 65,071 News Posts

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

By Trace Hagan from Jan 22, 2013 @ 17:28 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_1

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."

NEWS SOURCES:Allthingsd.com, Mashable.com


Related Tags

PRICING: You can find products similar to this one for sale below.

USUnited States: Find other tech and computer products like this over at Amazon.com

UKUnited Kingdom: Find other tech and computer products like this over at Amazon.co.uk

AUAustralia: Find other tech and computer products like this over at Amazon.com.au

CACanada: Find other tech and computer products like this over at Amazon.ca

DEDeutschland: Finde andere Technik- und Computerprodukte wie dieses auf Amazon.de