Google Reports Solid First Quarter, But Motorola Continues to Bleed
Google reported consolidated revenue of $14 billion in the first quarter of 2013, up 31 percent over its first-quarter earnings last year.
Google reported consolidated revenue of $14 billion in the first quarter of 2013, up 31 percent over its first-quarter earnings last year.
The company reported a profit of $3.35 billion, up 16 percent over the same quarter in 2012.
Minus Motorola, Google brought in $12.95 billion, up 22 percent from a year ago.
Motorola Mobile, acquired by Google in May 2012, continued to operate at a loss, losing $271 in the quarter. And Google’s cost-per-click, or how much it makes for each ad served, continued to fell.
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