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Posted by on Jul 19, 2012 in Economy |

Google also shows its financial results: Figures green stockings

Google also shows its financial results: Figures green stockings

Today, major companies launched their latest financial results, with IBM at the top of the hill , while Microsoft reported losses for the first time in its history . And now it’s time for Google, who showed very positive figures and also provided information about their situation with Motorola, a company that is now officially part of their portfolio and not do as well.

Because as stated, during the three past few months the company posted sales of USD $12,210 million, net income directly into the pockets of USD $ 2,790 million, which is enough money, but it is close to USD $25,800 of IBM’s total sales . However, for these Results are positive because it means an increase of 35% compared to last year.

On the side of Motorola, which generates a separate financial report but the total sum of Google, sold U.S. $1,250 million, with $ 843 million for the area of mobile devices such as phones and tablets. Despite these sales, taking accounts is that in general there were losses of $233 million, indicating that if an independent company, things should walk as Motorola, who brings nearly 20 thousand workers to total Google, which employs more than 50 thousand people.

Link: Google announces $ 12.21 billion in revenue for Q2 Consolidated, But Sees $ 233 Motorola million operating loss (The Verge)

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