The quarter ending June 30, 2012, was a solid three-month period for Google, despite the global economic turmoil and despite the costs associated with the Motorola acquisition, which closed in May. The company reported a 35 percent year-on-year increase in revenue to reach $12.2 billion. Net income reached $2.79 billion, compared with $2.51 billion in the same period in 2011. Nearly $1.25 billion of the total revenues were contributed by Motorola, noted Andreas Scherer, managing partner with Salto Partners.
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Google Gets It Right in Q2
Posted by: Erika Morphy July 20, 2012 11:25 AMThe quarter ending June 30, 2012, was a solid three-month period for Google, despite the global economic turmoil and despite the costs associated with the Motorola acquisition, which closed in May. The company reported a 35 percent year-on-year increase in revenue to reach $12.2 billion. Net income reached $2.79 billion, compared with $2.51 billion in the same period in 2011. Nearly $1.25 billion of the total revenues were contributed by Motorola, noted Andreas Scherer, managing partner with Salto Partners.