Results of the third quarter of Google once again exceeded expectations

Google has released a financial report for the third quarter of this year. Revenue for the three months amounted to 14.89 billion dollars. This allowed to fix an annual growth of 12% compared to 14.10 billion dollars in profit in the third quarter of 2012. In this case, Motorola Mobility, acquired in 2011, continues to show steady decline. For the third quarter from the sale of phone maker earned $ 1.18 billion, while the previous year during the same period, revenue was $ 1.78 billion. Thus it is safe to say that the output of Moto X on the company's position in the market had no effect. Losses from the unit to Google made ​​$ 248 million. Consolidated operating income for the quarter was 3.44 billion dollars or 23% of total revenue. For comparison, in the previous year it amounted to 2.74 billion. Earnings per share were $ 8.75 versus $ 6.53 a year earlier. As forecast by Wall Street was lower than the actual results by Google, it has led to a jump in the price of the stock. After the announcement of the results, they rose 10% to $ 980 per share.