Google's UK revenue up 15% to $1.5bn

Be the first to comment
Larry Page: the chief executive of Google (photo credit: Marcin Mycielski)
Larry Page: the chief executive of Google (photo credit: Marcin Mycielski)

Google's UK revenues reached $1.5 billion (£910.5 million) in the final three months of 2013, up 15.4 per cent year on year.

According to Google’s results for 1 October to 31 December 2013, the internet giant reported consolidated revenues of $15.7 billion, up 17 per cent year on year. Google’s consolidated revenues include the amount shared with third parties.

If those traffic acquisition costs are stripped out, Google reported revenues of $13.6 billion in the final three months of 2013, up 19.5 per cent year on year.

Yesterday Google sold Motorola to the Chines electronics company Levono for $2.91 billion.

Revenue in the Google segment, which does not include Motorola, was $15.7 billion, up 22 per cent year on year, and operating income was $5.32 billion, up 20.4 per cent year on year.

Larry Page, the chief executive of Google, said: "We ended 2013 with another great quarter of momentum and growth. Google's standalone revenue was up 22 per cent year on year, at $15.7 billion.

"We made great progress across a wide range of product improvements and business goals. I'm also very excited about improving people's lives even more with continued hard work on our user experiences."

SUBSCRIBE TO CAMPAIGN

Only £57 for 3 months

Includes every print & iPad edition, plus full access to Campaign online and other Brand Republic sites.

SUBSCRIBE

Campaign Jobs

Thousands of jobs across advertising, creative, marketing and media

Happy 12th birthday, Facebook - what's next for the world's most powerful tween?
Share

1 Happy 12th birthday, Facebook - what's next for the world's most powerful tween?

The social network celebrates its latest birthday this week, and there is no sign that its dominance will dwindle any time soon, writes Daniel Price, head of social operations at Lost Boys.

Just published