Surf Taiwan News, Browse the World »
Google's 4Q earnings rise 7 pct to top Street view
Associated Press
2013-01-23 04:34 AM
Google says its fourth-quarter earnings rose 7 percent as online advertisers spent more money in pursuit of holiday shoppers.

The results announced Tuesday were slightly above analyst estimates.

It wasn't an apples-to-apples comparison because the most recent quarter included Motorola Mobility, which Google Inc. didn't own in the previous year.

Things were further complicated by Google's recent agreement to sell a part of its Motorola Mobility division that makes cable TV boxes. That division is now accounted for as a discontinued operation.

Google earned nearly $2.9 billion, or $8.62 cents per share during the final three months of last year. That compared to net income of $2.7 billion, or $8.22 per share, at the same time last year.

Revenue surged 36 percent from the previous year to $14.4 billion.

HOME |  WORLD |  Politics |  Business |  Sports |  Lifestyle |  TAIWAN |  Technology |  Health |  SUPPLEMENT |  Society |  OPINION
  • Taiwan News  ©  2014 All Rights Reserved.