Google Sees Its Annual Revenue Top $50bn

Written By Unknown on Wednesday, 23 January 2013 | 01:24

Search hulk Google has strike a new annual income high and an boost in profit, notwithstanding ploughing some-more income into building smartphone and inscription technology.

“We finished 2012 with a clever quarter,” Google co-founder and arch executive Larry Page said.

“We strike $50bn (£31bn) in revenues for a initial time final year; not a bad feat in only a decade and a half.”

The fourth entertain distinction was adult 6.7% from a year progressing during $2.89bn (£1.8bn), and for a full year it grew 10% to $10.74bn (£6.8bn).

Revenue in a entertain that finished Dec 31 was adult 36% from a same duration a year progressing during $14.4bn (£9bn). For a year revenues grew to $50.2bn.

Google shares jumped some-more than 5% to $738.20 (£466) in after-market trade following a recover of a earnings

Read full article: http://www.eweek.com/pc-hardware/ipad-retina-display-macbooks-part-of-apple-black-friday-sale/


Source:
http://www.news.ezonearticle.com/2013/01/23/google-sees-its-annual-revenue-top-50bn/

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