Feeds

Google's revenue machine stays unstoppable in Q4

Money for nothing and your clicks for free

Bridging the IT gap between rising business demands and ageing tools

With all the hubbub about Larry Page taking over as CEO of Google, it was easy to miss the stellar fourth-quarter financial results the company reported on Thursday.

Net income for the quarter that ended on December 31 rose nine per cent to $2.54bn, or $7.81 a share, from $1.97bn, or $6.13, during the year-ago quarter. Revenue grew a whopping 26 per cent, to $8.44bn, from $6.67bn.

Google-owned sites generated 67 per cent of the quarter's sales, while partner sites were responsible for 30 percent of revenue. Revenue from outside the US was 52 per cent of revenue, with the UK accounting for 10 percent, or $878m.

Aggregate paid clicks, which relate to ads viewed on partner and Google-owned sites, grew by 18 per cent year-over-year and 11 per cent from the previous period. The average cost-per-click grew about five percent from last year and about four per cent from the third quarter.

For all of 2010, Google's net income increased 30 per cent to $8.51bn from $6.52bn, and revenue grew 24 per cent to $29.32bn, from $23.65bn.

Google shares gained $12.03, or 1.95 per cent, in after-hours trading following release of the results. ®

Application security programs and practises

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.