Revenues jump, and Motorola is officially off the books as a $740 million net gain
Google has just announced its Q4 and full year 2014 earnings, with the search giant and Android purveyor showing growth in revenues for both the final quarter and the full year. Revenues for 2014 came in at $66 billion, up 19 percent, with Q4 revenues hitting $18.1 billion, up 15 percent year-over-year.
The full breakdown of the financials:
- 2014 revenues of $66 billion, up 19 percent year-over-year
- Q4 revenues of $18.1 billion, up 15 percent year-over-year
- Q4 net income of $4.76 billion, up from $3.18 billion in 2013
- Earnings Per Share (EPS) of $6.91, up from $4.95 in 2013
- Capital expenditures for the quarter were $3.55 billion
- Google's effective tax rate was 16 percent
Google-owned sites drove $12.43 billion in revenues for the quarter, up 18 percent, while partner sites made up $3.72 billion of the revenues, up 6 percent. $10.23 billion in revenues, or 56 percent of the quarter's revenues, came from outside of the U.S., with the U.K. alone making up 9 percent of total revenues. Google also added just over 2000 employees in the fourth quarter.
Now with Motorola fully removed from the company, the earnings release stated that the sale resulted in a net gain of $740 million (not including taxes) for Google. Google will also be retroactively editing its financial results from past quarters to exclude the impact of Motorola Mobile.
If you're interested in following along with the gritty details of the earnings this quarter, you can also follow the earnings call livestream right here.
We may earn a commission for purchases using our links. Learn more.
Android Enterprise Essentials will help small businesses secure their data
Have data security needs but don't have a big IT budget? Android Enterprise Essentials might be just what you're looking for.
The Snapdragon 888 is here to turbocharge 2021 Android flagships
The Snapdragon 888 is now official, and the chipset boasts incredible gains across the board from the last-gen Snapdragon 888. The flagship chipset will make its way to phones from 14 manufacturers next year, but Samsung is a curious omission.
Here's your most detailed look yet at the Samsung Galaxy S21+
More renders of Samsung’s Galaxy S21 Plus have appeared online, giving us a better look at the design of the upcoming flagship phone. Like the Galaxy S21 and S21 Ultra, the S21+ will feature an Infinity-O display and a redesigned rear camera array.
Cyberpunk 2077, Immortals Fenyx, and more release for PS4 & PS5 in December
The holiday season is almost here, and with it comes even bigger gaming releases. Here are some great games hitting the PS4 and PS5 this month.