Google's revenue rose last quarter by 45 percent to 14.1 billion US dollars.
Nevertheless, the search engine giant's profit experienced a 20 percent reduction. The primary reason for this was the acquisition of Motorola and development costs related to new Android smartphones.
After Google value increased steadily over the past months, its share price tumbled by eight percent upon early publication of the quarterly figures.
Due to that set back, Google has fallen far behind Microsoft in the ranking of the top 10 companies with the highest market value worldwide. Nevertheless, Google is still the third most valuable technology company in the world.
This infographic shows key facts from Google's latest earnings report.
Source : statista.com/markets/21/topic/195/search-seo/chart/666/google-disappoints-in-3rd-quarter
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Nevertheless, the search engine giant's profit experienced a 20 percent reduction. The primary reason for this was the acquisition of Motorola and development costs related to new Android smartphones.
After Google value increased steadily over the past months, its share price tumbled by eight percent upon early publication of the quarterly figures.
Due to that set back, Google has fallen far behind Microsoft in the ranking of the top 10 companies with the highest market value worldwide. Nevertheless, Google is still the third most valuable technology company in the world.
This infographic shows key facts from Google's latest earnings report.
Source : statista.com/markets/21/topic/195/search-seo/chart/666/google-disappoints-in-3rd-quarter
Previous post : Most Sold Books In The World
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