Menu
Google reports another rise in profit, but Motorola sales take a dive

Google reports another rise in profit, but Motorola sales take a dive

The company reported revenue and profit gains for the third quarter

Google's quarterly sales increased again, although the company reported mixed results within its advertising business and a decrease in its Motorola mobile sales.

Revenue was $US14.89 billion for the period ended September 30, the company announced. That's a 12 pe rcent increase from the same period last year, excluding commissions and fees, or traffic acquisition costs that Google pays to other sites that run its ads. Taking those into account, the company's sales were $US11.92 billion.

Google's net income for the quarter was $US2.97 billion, a roughly 36 per cent jump from the $US2.18 billion reported for the third quarter last year. The company's earnings per share were $US8.75, up strongly from $US6.53 last year.

"We are closing in on our goal of a beautiful, simple and intuitive experience regardless of your device," Google CEO Larry Page said in a statement regarding the company's progress toward addressing the shift by users to mobile devices.

Looking specifically at its advertising business, however, Google saw more mixed results. Paid clicks, or the clicks on search ads paid for by advertisers, increased by 26 per cent over the third quarter of 2012, Google said, and increased by 8 percent over 2013's second quarter. But the cost of paid clicks, or the money Google charges when someone clicks on an ad, fell by 8 per cent over last year, and also decreased by 4 per cent compared to this year's second quarter, Google reported.

There was also a decrease in revenue from Motorola mobile, which includes hardware. That unit's sales were $1.18 billion, or 8 per cent of Google's consolidated revenue -- about a 33 per cent drop.

Google paid more than $US12 billion to buy Motorola Mobility last year. The highly anticipated Moto X smartphone, the first phone designed after the acquisition, launched in August with a focus on more user-friendly features.

Meanwhile, Google-owned sites generated revenue of $9.39 billion, a 22 per cent increase over the same period last year, Google reported. The company's partner sites contributed revenue of $3.15 billion, roughly flat compared to last year.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags business issuesadvertisingInternet-based applications and servicesfinancial resultsMotorola Mobilitysocial networkingmobilesocial mediainternetsearch enginesconsumer electronicsGoogle

Featured

Slideshows

Kiwi channel reunites as After Hours kicks off 2017

Kiwi channel reunites as After Hours kicks off 2017

After Hours made a welcome return to the channel social calendar last night, with a bumper crowd of distributors, vendors and resellers descending on The Jefferson in Auckland to kickstart 2017. Photos by Maria Stefina.

Kiwi channel reunites as After Hours kicks off 2017
Arrow exclusively introduces Tenable Network Security to A/NZ channel

Arrow exclusively introduces Tenable Network Security to A/NZ channel

Arrow Electronics introduced Tenable Network Security to local resellers in Sydney last week, officially launching the distributor's latest security partnership across Australia and New Zealand. Representing the first direct distribution agreement locally for Tenable specifically, the deal sees Arrow deliver security solutions directly to mid-market and enterprise channel partners on both sides of the Tasman.

Arrow exclusively introduces Tenable Network Security to A/NZ channel
Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
Show Comments