20 Jul '12, 6pm

Can I borrow a dollar? - Google Reports $12.2 Billion in Q2 2012 Revenue, 35% YoY Growth

Google revenues topped $10 billion for the third quarter in a row, up 15 percent from the $10.65 billion reported in Q1 2012 . The Q2 2012 $12.21 billion in revenue is another new record and reflects a 35 percent increase over the same quarter last year, when Motorola is factored in. In their pre-earnings call press release , Google quoted CEO and co-founder Larry Page on the company’s latest developments and the closed Motorola acquisition: “Google standalone had a strong quarter with 21% year-on-year revenue growth, and we launched a bunch of exciting new products at I/O – in particular the Nexus 7 tablet, which has received rave reviews.” Page continued, “This quarter is also special because Motorola is now part of the Google family, and we’re excited about the potential to build great devices for users.” Here's a quick break down of the Q2 numbers: Google Sites Revenue...

Full article: http://searchenginewatch.com/article/2193073/Google-Repor...

Comments

  1. 24 Aug '12, 3pm

    how was this deal financed?? was it all debt raised by banks or an all cash deal or a mix of both i.e cash and debt financing.
    If debt financing which bank rather banks or other sources!

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