Internet giant Google on Thursday posted its financial report for the three months ending in June and it turns out that the company has made some really impressive numbers. As, the total revenue was $12.21 billion, representing a huge increase of 35% compared to the second quarter of 2011. Around 90% of that number, or $10.96 billion, has been generated by advertising, and amounts to a 21% increase from Q2 2011. Around 90% of that number, or $10.96 billion, has been generated by advertising, and amounts to a 21% increase from Q2 2011.
It's interesting to note that Google international revenues rose to $5.96 billion, or 54% of the company's Q2 revenues, a percentage that remained constant from Q2 2011 and Q1 2012. No Android-related financial details have been offered by the corporation.
The company reported $3.2 billion operating income, $0.32 billion more than in Q2 2011. Earnings per share (EPS) amounted to $8.42 in Q2 2012, compared to $7.68 during the same period last year.
The results were achieved despite the faltering performance of Motorola (which is now a wholly owned Google subsidiary). The Android manufacturer posted a loss of $233 million, despite scoring revenue of $1.25 billion (of which $843 million came from the mobile segment and $407 million from the home segment) and damaged the overall Google performance a bit.
Google promised to allow Motorola Mobility continue to operate as before after the acquisition, but if the hardware manufacturer continues to cost so much money, it may be forced to take some measures (if it hasn't done so already).
There were no new numbers on the Android adoption quoted this time, but Google did mention that it's really excited about the reception its Nexus 7 tablet is getting.
"Google standalone had a strong quarter with 21% year-on-year revenue growth, and we launched a bunch of exciting new products at I/O - in particular the Nexus 7 tablet, which has received rave reviews," said Google CEO Larry Page in the press release. "This quarter is also special because Motorola is now part of the Google family, and we're excited about the potential to build great devices for users."
© 2017 Jobs & Hire All rights reserved. Do not reproduce without permission.
