Feeds

Google's revenue machine stays unstoppable in Q4

Money for nothing and your clicks for free

Build a business case: developing custom apps

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. ®

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
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
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
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
prev story

Whitepapers

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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.