Featured Articles

Android Wear installed on 50-100k phones

Android Wear installed on 50-100k phones

Android Wear is a companion app that you need in order to run your new Android Wear watch.

More...
AMD launches 45W desktop Kaveri parts, finally

AMD launches 45W desktop Kaveri parts, finally

AMD has finally launched three 45W Kaveri SKUs, which were in the works for months. The three chips feature configurable TDP,…

More...
Desktop Broadwell LGA is Socket 1150

Desktop Broadwell LGA is Socket 1150

Broadwell was supposed to come in 2014 and it will ship in the last quarter of this year for detachable thin…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 23 January 2013 10:06

Google beats analysts’ expectations

Written by Peter Scott



Core business going strong


Google doesn’t seem to be too affected by the PC downturn. To the contrary, the search giant beat analysts’ expectations, generating net revenue of $9.83 billion, up from $8.13 billion in Q4 2011.

The result beat analyst expectations by a couple of hundred million and pushed the company’s shares up by about five percent in late trading. Net income in Q4 was $2.89 billion, up from $2.71 billion year-on-year.

However all is not well in the House of GOOG. Average cost-per-click declined 6 percent from a year ago, marking the fifth consecutive quarter of decline, Reuters reports. Still, the decline is not as bad as some analysts had expected. The decline is attributed to the smartphone/tablet boom, as Google’s mobile ad rates are lower than on standard sites.

There is some good news for hardware lovers as well. Larry Page claims Google is working to address shortages of Nexus products, and we are guessing he is talking about the Nexus 4. Speaking of hardware, Motorola Mobility did not do all that well and it had an operating loss of $353 million during the quarter.

Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments