Software giant Google has registered a slightly bigger earning in the fourth quarter of 2012. This comes even after a financial setback the search giant faced on account of attempting device manufacturing and a significantly lower pricing of digital ads. The new results have boosted the Google's stock by 5 per cent.
The reason for major revenue would be the ads that inundated the search giant in festival seasons. Google's revenue is $12.1 billion in the fourth quarter which is a 19 per cent increase compared to previous quarter. The company has not included acquisition costs in the revenue.
The advertisers are seen shifting to smartphones away from personal computers to reach the online services of Google and others. It is also seen that about one-fourth of Google's search results came from mobiles. Google's ad prices have dropped by 6 per cent in this quarter compared to same quarter in 2011.
The earnings of Google now accounts to $2.9 billion during the fourth quarter. It comes to a value of $ 8.62 per share. The net income last year was $2.7billion or a value of $8.22 per share. Google also said it was possible for it to have earned revenue of $10. 65 per share, if there were no costs of compensation of employee stocks and other accounting items.
Google this year had acquired Motorola for $12.4 billion and also started rolling out Nexus devices. Nexus sales have brought more revenue to Google with its break-through sales. In these lines the company has earned a profit of $14.4 billion which is 36 per cent higher than last year.