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Just minutes shy of their investors’ call for Q2’12 Google announced it made $12.21 billion in the second quarter of this year (that’d be the three month period ending June 30th).
Their new-found ownership of Motorola brought in $1.25 billion of that with their “hardware and other” category, $843 million of which came from their mobile devices division.
That figure is a 35% improvement over the same quarter a year ago, and 50% quarter-over-quarter. GAAP net income and non-GAAP net income for 2012 was $2.79 billion and $3.35 billion, respectively.
This is a slight improvement over the same quarter a year ago. It’ll be a very interesting third quarter for Google as they get a full round with Motorola and make strides in searches, social networking, and Android. Head here for their full financial results.
for the love of all that is mobile please setup a wireless service provider. Use some of that mula to get it going.
I fully agree I wouldnt even mind 3g speed if it was through Google! All it would need to be is data only with Google voice! There is always a part of me that hopes for it and maybe eventually something will happen.
They have Google Fiber experience to work off of!
Moto lost more loot, bringing down the bottom line. The report gave no indication of how Google’s energy investments did
And they’re actually improving the world while making billions.
Nice to See not just banks and other useless companies!
Why not use that money to destroy Apple?
It’s quite hard actually. Since Android is open source, you can say that most of their stuff is free for use. So they can’t say someone is copying them, or it’s very hard to say they’re being copied.
So they’ll just use the money to ACTUALLY innovate while Apple slowly, but surely depletes all their funds. *evil laugh*