For those of you who think Google is getting it wrong - Quarterly Financial Results

by jxam69
5 replies
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If you believe some of what is said around here you could be forgiven for thinking that Google is completely messed up.

This doesn't look like a company in trouble to me:

Google Inc. Announces Fourth Quarter and Fiscal Year 2012 Results

Google Inc. reported consolidated revenues of $14.42 billion for the quarter ended December 31, 2012. Consolidated revenues would have been $15.24 billion had Motorola Home been included.

MOUNTAIN VIEW, Calif. - January 22, 2013 - Google Inc. (NASDAQ: GOOG) today announced financial results for the quarter and the fiscal year ended December 31, 2012.

"We ended 2012 with a strong quarter," said Larry Page, CEO of Google. "Revenues were up 36% year-on-year, and 8% quarter-on-quarter. And we hit $50 billion in revenues for the first time last year..."
You can get the rest at Google Inc. Announces Fourth Quarter and Fiscal Year 2012 Results
#financial #google #quarterly #results #wrong
  • Profile picture of the author Michael Ten
    Google is just bringing in a nearly unbelievable amount of money. It is wild!
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  • Profile picture of the author clockingdollars
    Wow! That is just staggering......they completely, almost single handedly changed advertising. Just read "Googled" by Ken Auletta and yes there is a really good argument there that they heisted the whole "click-ad" concept but be that as it may it is undeniable that they made the platform more profitable than anyone ever thought they would. Changed online marketing and advertising forever.
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  • Profile picture of the author MikeFriedman
    This post will probably fall off of here pretty quickly. People refuse to look at reality and just go on and on about how Google is dying, losing money, losing market share, blah blah blah. None of that is true.
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  • Profile picture of the author jxam69
    You were spot-on Mike. Less than 24 hours later and I found this thread way down the 2nd page.

    It reminds me of that scene from Erik The Viking where the christian who refuses to see Valhalla is able to walk straight through the gates he doesn't believe in and then let the others in.
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    This space will be awarded to the first WSO owner who can prove they make Million$ from their methods.

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    • Profile picture of the author paulgl
      The WF is skewed because a lot of fools here are trying
      to game google, getting slapped, then blaming their
      business woes on google, and hope google fails.

      Google failing makes them feel better. Does nothing for
      their business, but a happy failure is better than a sad one.

      Paul
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      If you were disappointed in your results today, lower your standards tomorrow.

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