Google Announces They Made $14.4 Billion In Revenue, $2.89 Billion Profit In Q4 2012

(2:47 pm PDT, Jan 22nd)

googlebuilding

Google just announced its earnings for Q4 2012, and guess what? They made a ton of money. We’re shocked.

Actually, Q4 2012 was really great for Google. The company earned $14.4 billion in revenue, which is 36% better than what they did last year. While we tend to think of Google as an American company, only $5.99 billion of that revenue came from the U.S. while the rest was made in international markets.

With $1.51 billion in revenues, Motorola Mobility accounted for 11 percent of Google’s total revenue for the quarter. Even though Google made a lot of money, they only netted $2.89 billion in net income, which is still a lot, but only slightly better than the $2.71 billion they pulled in during Q4 of 2011.

Google_revenues

To put Google’s profit in comparison, Apple netted $13.06 billion in profit for Q4 last year and is expected to shatter that mark during their financial report tomorrow. Cult of Mac will be listening to Apple’s financial earnings call tomorrow to provide a full breakdown on the latest results.

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  • Below$550AShareIsPathetic!}:-D

    Apple only made $13 billion in profit for Q4 last year and might slightly beat that this year. Apple’s share price will definitely tank due to “disappointment” over missed expectations. Apple just isn’t making enough money for investors to justify a share price of $500. However, Google’s $3 billion in Q4 profits definitely support Google’s $740 share price because Google has a brighter future than Apple. Lucky for Google shareholders. Unlucky for Apple shareholders. Apple really looks like a company in deep, deep trouble and pretty much on the verge of collapse.

    /s

    • http://twitter.com/tbsteph tbsteph

      Hopefully you are not a paid financial planner.

    • lucascott

      Sad that you are likely correct. The analysts love to get crazy with their wild estimates in what Apple will sell, etc and then be ‘disappointed’ that only 20 million iPhones sold in the quarter when they thought it would be 40 million, despite Cook etc giving guidance they expected to sell 15 million. And so on.

      And with most other companies they follow company guidance with maybe a 20% additional count

About the author

Buster HeineBuster Heine is Cult of Android's Social Media Editor. Hailing from Roswell, New Mexico, but now spending his days in Phoenix, Arizona, he wastes most of his time eating burritos and reading spanish romance novels.  Twitter: @bst3r.

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