Featured Articles

Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

The day has finally come and it appears that most rumors were actually spot on as Apple has now officially unveiled…

More...
CEO: Intel on target for 40m tablets

CEO: Intel on target for 40m tablets

Intel CEO Brian Krzanich just kicked off the IDF 2014 keynote and it started with a phone avatar, some Katy Perry…

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.
Friday, 19 April 2013 09:46

Google makes a killing

Written by Nick Farrell



While all around burns

Google has released its quarterly figures which indicate that the company is doing rather well, even though the rest of the IT world is feeling under the weather.

In its quarterly results Google said that its core Internet business grew net revenue 23 percent in the first quarter to a better-than-expected $9.99 billion as the company's search advertising business continued to show strength. Google’s average cost-per-click, a critical metric that refers to the price advertisers pay the Internet search giant, declined 4 percent from a year ago, the sixth consecutive quarter of declines but an improvement over the fourth quarter's 6 percent slide.

Reuters claimed that the cocaine nose jobs of Wall Street feared that Google's growth will slow and ad rates decline as advertising moves on to smartphones and tablets. If this is true then people forgot that Google makes a lot of cash whatever hardware it is installed on.

The company's main Internet business generated $9.99 billion in first-quarter net revenue, which excludes fees paid to partner websites, compared to $8.14 billion in the first quarter of 2012. Overall first quarter net income, including its money-losing Motorola Mobility mobile phone business, was $3.35 billion. That compares with net income of $2.89 billion a year-ago.

Nick Farrell

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