Google Second Quarter 2013 Results: Revenue $14 Billion, Up 19pct
engine
3:36 pm on Jul 19, 2013 (gmt 0)
“Google had a great quarter with over $14 billion in revenue – up 19% year-on-year,” said Larry Page, CEO of Google. “The shift from one screen to multiple screens and mobility creates tremendous opportunity for Google. With more devices, more information, and more activity online than ever, the potential to improve people’s lives even more is immense.” Google Second Quarter 2013 Results: Revenue $14 Billion, Up 19pct [investor.google.com]
Q2 Financial Summary
Google Inc. reported consolidated revenues of $14.11 billion for the quarter ended June 30, 2013, an increase of 19% compared to the second quarter of 2012. Google Inc. reports advertising revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the second quarter of 2013, TAC totaled $3.01 billion, or 25% of advertising revenues.
creative craig
9:56 pm on Jul 19, 2013 (gmt 0)
the potential to improve people’s lives even more is immense
I am sure they meant to say the potential to improve our bottom line is immense!
mrguy
10:37 pm on Jul 19, 2013 (gmt 0)
It's funny... They missed their earnings yet with those rose colored glasses Larry wears, it's all good.
Naa, they ment to say the the potential to run peoples lives is immense!
np2003
6:45 am on Jul 20, 2013 (gmt 0)
14$ billion divide by 1 billion unique ips per month (i'm guessing about 600-700 million "real" users). That means Google makes $20 out of every person that visits a Google property.. every 3 months.
Nothing's ever free is it..
backdraft7
3:03 pm on Jul 20, 2013 (gmt 0)
Steal from the poor, keep for themselves. With their big increase, don't you think we'd be seeing an increase too? Nope, they just clipped our long tail, fed it through their ad network partners and sucked us dry.
np2003
10:50 pm on Jul 20, 2013 (gmt 0)
$14 billion in revenue, how much did they did they pay in tax? $100,000?
backdraft7
11:53 pm on Jul 20, 2013 (gmt 0)
@np - more like $0.00
EditorialGuy
5:06 pm on Jul 21, 2013 (gmt 0)
$14 billion in revenue, how much did they did they pay in tax? $100,000?
According to Forbes, Google ranked 25th on the list of U.S. corporations that paid the highest taxes in 2012, with $2.6 billion in "income tax expense" and an effective tax rate of 19.4 percent.
backdraft7
5:47 pm on Jul 21, 2013 (gmt 0)
According to Forbes, Google (and Apple) pay under 10% [forbes.com...]
furthermore...according to this Forbes graphic, G's effective tax rate is 0.1% which might as well be zero. [blogs-images.forbes.com...]
jecasc
10:26 am on Jul 22, 2013 (gmt 0)
Google better look for a revenue model that is not based on ads. And so should any webmaster.
Another three or four years and the party wiil be over and most of the people will use adblockers.
Google Second Quarter 2013 Results: Revenue $14 Billion, Up 19pct
