News Summary: Google 4Q earnings top Street's view
Published: January 22, 2013
Leave a comment
MONEYMAKING MACHINE: Google's fourth-quarter earnings edged up 7 percent to surpass analyst estimates even though the average price for the company's Internet search ads declined and its recently acquired Motorola Mobility operations suffered a big loss.
Advertisement
WHAT'S WORKING: The results announced Tuesday showed Google Inc. is attracting more advertising, extending the run of prosperity that the company has enjoyed since it went public in 2004. Google's fourth-quarter ad revenue rose 19 percent from the previous year.
PROBLEM AREAS: The average price for Google's search advertising fell 6 percent from the previous year and Motorola Mobility posted an operating loss of $353 million.
If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.
Mortgage Rates Hit 2.50%
If you owe under $729k you may qualify for 2.90% APR Govt Refi Plans.
www.SeeRefinanceRates.com
If you owe under $729k you may qualify for 2.90% APR Govt Refi Plans.
www.SeeRefinanceRates.com
Official Mazda USA Site
Request a quote, search inventory, or build the Mazda of your dreams.
www.mazdausa.com
Request a quote, search inventory, or build the Mazda of your dreams.
www.mazdausa.com
Prev
