Google's Q4 Financials: Satisfied With Performance of Nexus, Chromecast, & Play Store

Discussion in 'Android News' started by dgstorm, Jan 31, 2014.

  1. dgstorm

    dgstorm Editor in Chief
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    Google's fourth quarter financial report just came out and things are looking fairly rosy for the tech titan. Without going into the dry details of every nook and cranny of their report, the highlight was that Google's non-advertising business saw a 99 percent increase from last year at this time. Specifically, “Other Google Revenues” popped from $829 million in the Q4 of 2012, to $1.65 billion in Q4 of 2013. This includes all of Google's newest and most unusual business ventures, like the Nexus line, the Chromecast and the Google Play Store. While these smaller "side-businesses" were only 10% of Google's total revenue, the company indicated it was pleased with the results thus far. Here's a quote with some additional detail,

    It's worth noting that Motorola was not considered part of Google's "Other Revenue" category, but it did very poorly posting losses of $384 million in the quarter. The upcoming sale of the handset maker to Lenovo won't have a fiscal effect until later on. One particular thing of note is that Google specifically praised the Nexus line in this earnings report. This could be an indirect hint that previous rumors suggesting Google will kill off the Nexus line next year are false.

    Source: AndroidAuthority
     
  2. jspradling7

    jspradling7 Active Member

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    I hope they choke on those freakin' patents. lol
     
  3. acousticshade

    acousticshade Active Member

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    Such pain...such hate...
     
  4. jspradling7

    jspradling7 Active Member

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    I'm going to need therapy.
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  5. zomnomnombie

    zomnomnombie Active Member

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    Googorola. ;_;
     
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