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

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.

Larry Page: the chief executive of Google (photo credit: Marcin Mycielski)
Larry Page: the chief executive of Google (photo credit: Marcin Mycielski)

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."

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