Google reported a 12% year-on-year increase in revenues in the third quarter to 14.89 billion US dollars. Google's own sites generated a 22% increase in revenues. But sales at its Motorola devices division declined 33% to 1.18 billion dollars. Larry Page, CEO of Google, said: “We are closing in on our goal of a beautiful, simple, and intuitive experience regardless of your device.” source: Google presentation
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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Friday, October 18, 2013
Google Growth Curbed by Motorola
Google reported a 12% year-on-year increase in revenues in the third quarter to 14.89 billion US dollars. Google's own sites generated a 22% increase in revenues. But sales at its Motorola devices division declined 33% to 1.18 billion dollars. Larry Page, CEO of Google, said: “We are closing in on our goal of a beautiful, simple, and intuitive experience regardless of your device.” source: Google presentation
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