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Google announces first quarterly results since Motorola acquisition

Google has announced financial results for the second quarter of its current fiscal year. These are the first figures since the company acquired Motorola Mobility on 22nd May 2012.

Net income was $2.79 billion (£1.78 billion), up from $2.51 billion in Q2 2011, while revenues from the entire business were up 35% to $12.21 billion.

Google’s revenue from the UK was $1.18 billion, which represents 11% of revenues from the company’s core internet business. The proportion is unchanged from the same period last year.

Motorola revenues were $1.25 billion; $843 million from the mobile segment and $407 million from the home segment. The Motorola Mobility business made an operating loss of $233 million ($192 million for the mobile segment and $41 million for the home segment).

Google now employs 54,604 full-time employees worldwide, 20,293 of whom are in the Motorola business.

Author: The Fonecast
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