Google

Earnings are up across the board; Motorola's final quarter was an operating loss of $384 million

Google has just released its Q4 2013 and full year 2013 financial results, with increases in both revenue and income. For the fourth quarter, Google reported revenues of $16.86 billion, up 17 percent year-over-year. Operating income was $3.92 billion, or 23 percent of revenues. Net income rang in at $3.38 billion, up from $2.89 billion in Q4 2012. CEO Larry Page released the following statement along with earnings:

"We ended 2013 with another great quarter of momentum and growth.  Google's standalone revenue was up 22% year on year, at $15.7 billion. We made great progress across a wide range of product improvements and business goals.  I'm also very excited about improving people's lives even more with continued hard work on our user experiences."

Google-owned site revenue was up by 22 percent year-over-year to $10.55 billion — that's 67 percent of Google's total revenues. Paid clicks were up about 31 percent in the quarter, with cost-per-click dipping roughly 11 percent year-over-year.

The now-sold Motorola contributed a $384 million operating loss in Q4 2013, which is about on par with previous quarters but is a big jump from a loss of $152 million in the year-ago quarter. The release also notes that the final employee headcount for Motorola was 3,894 — compare that to the over 43,000 in Google proper.

Source: Google

 
There are 21 comments

Zig261 says:

If i wasn't still grieving like i am now over Google's actions yesterday, I would've been happy about their annual earnings today.

JFMobile says:

-_- Get. Over. It.

dcjose48 says:

+1

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MERCDROID says:

+2

Posted from my "Gift from God" Note 3, my "God-Given" iPad Mini 2, or my "Risen" Samsung Chromebook.

hmmm says:

Interesting that Motorola released a phone people on this site seem to generally be interested in and based on comments would seem sold well yet they had that big of a loss. Not only that but aren't all the "Droid" phones Motorola? I would assume a lot of those get sold on Verizon. I guess it is good google offloaded them.

NoNexus says:

You can make the best phone in the world but if you sell it for a dollar, and constantly discount it to .75 and .50, you are going to have a big loss.

The Droids being only on Verizon limits the sales there, which sucks. The Maxx at least would have sold a lot better on all carriers.

swagsaunders says:

+1

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Where are all the greedy corporation comments?

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pgg101 says:

Greed is good.

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Love that movie

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MONEY NEVER SLEEPS.

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still1 says:

I cant believe they made 2 billion extra compared to last Quater

shadlom says:

Sweet.

humiixto says:

So, device sales are strong, why in the world should they ditch the Nexus line?!

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Exactly...

NoNexus says:

Devices do not necessarily mean phones.

Depends on what they are comparing to. If the are comparing to themselves, which I assume, it really gets subjective.

If I sold one last year, and two this year, my sales were 100% better and pretty awesome compared to last year.

Still doesn't mean you did well in the segment

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JHBThree says:

Motorola isn't sold yet. They have a deal, but the sale won't be completed for quite some time. Motorola's 2014 lineup will be launched under google ownership.

NoNexus says:

I would guess half will. It should close in August.

Google will have designed it, but Lenovo will have to support it

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LB LB says:

How do these numbers compare to the other companies? apple, MS , and device menufacturers ?

ej1024 says:

Good job google

AnGeLFaCe77 says:

Moto and Lenovo will do very well.

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