Thursday, January 30, 2014

Google gained 20% in 2013 - El Colombiano

Google closed 2013 with a net profit of 12.920 billion, 20.3 percent more than in 2012, said yesterday the technology company based in California, whose revenues amounted to 59.825 million last year, a 19 2 percent more than in the previous year.

Between October and December, the Internet giant made a profit of 3,376 million on total revenue of 16.858 million, numbers that both cases involved an improvement of 16.9 percent compared to the figures for the last quarter of 2012.

“We ended 2013 with another great quarter,” said company CEO, Larry Page , who noted that Google’s revenue, excluding Motorola phone division (sold to Lenovo this week) increased by 22 percent year on year.

Last year, Google received 4,306 billion for Motorola’s operations, however, were deficient quarter over quarter.

Between October and December 2013 contributed to Motorola Google group with operating loss of $ 384 million, more than double of what it lost in the same period of 2012.

Google announced last Wednesday the sale of Motorola to Chinese Lenovo by 2.910 million, just two and a half years after acquiring the manufacturer of telephony 12,500 million.

Lenovo took some time probing the market behind a mobile manufacturer that would allow consolidated boost its business selling “smartphones” smart-phones-to distance themselves from LG and Huawei, and Samsung and Apple approach, world leaders.

In just two and a half years Google has made nearly $ 10,000 on the road at the expense of Motorola, to which we must add its hundreds of millions of dollars in operating losses that weighed down the benefits of Google each quarter. Between July and September 2013 that number rose to $ 243 million.

Google’s core business in 2013 remained the advertising through its website, which threw up 62.6 percent of income group (including Motorola), a similar proportion to that recorded in 2012.

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