Thursday, April 18, 2013

Google's Q1 raked in $14 billion, but Motorola still leaking money

Google's Q1 raked in $14 billion, but Motorola still leaking money

Google has just announced its operating numbers for the first quarter of 2013. The company beat market expectations, of course, as it was able to pull in about $14 billion in revenue, up 31% year-on-year. Of that, the company was able to pocket about $3.39 billion, a 16% increase year-on-year, which adds to the total of $50.1 billion cash and liquid assets Google has. That's a whole lot of dough coming from a lot of different areas, but where that money isn't coming from is Google's $12.5 billion best friend Motorola Mobility.

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