October 18th, 2012

Google CEO Larry Page Puts Focus On Multiscreen Experiences With Chrome, Google+ And Advertising

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Google CEO Larry Page spent a good portion of his time on today’s Google company earnings call to talk about multiscreen opportunities, and how Google is addressing them. He said that just as with search back in 2000, Google has “enormous opportunity” to drive new monetization routes, and talked about moving seamlessly in day-to-day computing from his Nexus smartphone, to his Nexus tablet, and now… → Read More

October 18th, 2012

Larry Page To Google’s Investors: “You Should All Run Out And Buy The Nexus 7 For $199″

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During its Q3 2012 earnings call, Google’s Larry Page, whose voice still sounded very hoarse and is clearly not back to where it was a year ago, used the first couple of minutes of the call to highlight some of Google’s hardware initiatives. Not only did he put in a plug for Google’s new Chromebook, but also for the Nexus 7 tablet. Indeed, he told the assembled investors, press and analysts on the… → Read More

October 18th, 2012

Google’s Mobile Run Rate Is Now $8 Billion, Up From $2.5 Billion A Year Ago

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In Google’s earnings call today, the search giant’s CEO and co-founder Larry Page revealed that its mobile run rate is now $8 billion. That’s up from $2.5 billion a year ago. That’s a pretty hefty lift-the company’s mobile ad revenue has more than tripled over the past year. → Read More

October 18th, 2012

Google Cuts 1,058 Full-Time Jobs In Q3 As It Streamlines Motorola Mobility’s Workforce

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Google’s Q3 earnings leaked today, and among the reported stats was a noteworthy gap in full-time employees between its Q2 and Q3 results. At the end of June, Google had 54,604 full-time employees, thanks to a massive influx of 20,293 new Motorola Mobility staff. As of September 30, the company reports employing 53,546 people full-time, a difference of 1,058 jobs. → Read More

October 18th, 2012

Motorola 3Q2012 Revenues $2.58 Billion; 18% Of Revenue For Google’s Total Q3

Motorola Mobility

Google’s Q3 earnings just leaked ahead of schedule, and it appears that Motorola revenues accounted for $2.58 billion of Google’s $14.10B revenue in the three-month period ending September 30. $1.78 billion was generated from the mobile segment alone, with $797 million credited to the home segment. In total, Motorola revenues account for 18 percent of Google’s Q3 report. → Read More

October 18th, 2012

Google’s Stock Takes A Dive After Accidental Mid-Day Earnings Release, Trading Halted On Google’s Request

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Google accidentally released its Q3 2012 earnings report far ahead of schedule today and is blaming the financial printer RR Donnelley for this mix-up. When the release first appeared on the SEC’s website (including a number of editorial comments), it was not clear if Google accidentally filed the report early or if this was on purpose, but a mid-day earnings release like this is highly unusual. → Read More

October 18th, 2012

Google Misses, Q3 2012 Revenue Up 45 Percent To $14.10B, Net Income Down 20 Percent To $2.18B

Google

Google’s earnings for Q3 ending on September 30 leaked in a SEC document. Revenues are up 45 percent compared to Q3 2011 and now represents $14.10 billion. However, GAAP net income is down 20 percent year-over-year to $2.18 billion, or $6.53 per share, compared to $2.73 billion for Q3 2011, or $8.33 per share. Non-GAAP earnings per share is at $9.03 compared to $9.72 year-over-year. Google fell… → Read More