Google revenue for their fourth quarter of 2013 was up by 17 percent. The revenue of the search giant in Q4 was $16.86 billion with the net profit of $3.38 billion, which is even more then was expected from the Wall Street.
Google sites is still their biggest profit, bringing in $10.55 billion, which is 67% of total Google revenues. Network revenues brought $3.52 billion and so called "other" revenues were at $1.52 billion. Larry Page, the CEO of Google had this to say about the fiscal results for Q4
“We ended 2013 with another great quarter of momentum and growth. Google’s standalone revenue was up 22 percent year on year, at $15.7 billion” he also added ”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.”
Fiscal results were great, but this wasn't the biggest story from the search giant in the last couple of days, Google selling Motorola Mobility to Lenovo was. We still have to wait and see what this decision will have for the company in the long term.
Source technobuffalo.
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