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Google Q4 2013 earnings: Play Store drives revenue while Motorola keeps losing

Posted: , by Michael H.

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Google Q4 2013 earnings: Play Store drives revenue while Motorola keeps losing
We knew that Google was planning to announce its Q4 2013 earnings today, and the numbers are in. The report is a bit mixed for Google which hit its revenue estimates for the quarter, but missed on earnings per share. Even when you dive into the numbers more it can be an up (Google Play) and down (Motorola) ride.

To be fair, everyone expected to see another quarterly loss for Motorola, which posted $384 million in the red for the quarter. That rounds out a year where Motorola lost $271 million, $342 million, and $248 million for the previous three quarters, which adds up to a 2013 total loss of $1.245 billion for Google's soon-to-be ex-hardware division. Although, it should be noted that 2013 was a bit better for Motorola, which contributed $1.113 billion in losses for Google in less than three quarters of operation in 2012. No doubt, Google won't be too sad to see those numbers removed from future earnings reports. 

The big surprise for Google in Q4 2013 was that revenue growth wasn't driven by advertising for once, but from Google Play sales. Google's Chief Financial Officer Patrick Pichette gave quite a bit of credit to the Play Store saying that "revenue growth was driven by content and app sales" and that the strong demand for the Nexus 5 and Chromecast played a big part in pushing quarter-over-quarter growth. We've seen in various unofficial metrics that the Play Store revenue has been growing rapidly this past year, and this report serves as the official proof. 

The official earnings call started about 30 minutes ago if you want to listen in here:


source: Google

5 Comments
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posted on 30 Jan 2014, 16:31 5

1. sipha (Posts: 277; Member since: 12 May 2012)


Terrible article by Micheal H!! How can you report on "Google Q4 2013 earnings" without hard numbers on "Google Q4 2013 earnings" ...i had to use the link!!

posted on 30 Jan 2014, 17:13 3

2. PapaSmurf (Posts: 8553; Member since: 14 May 2012)


I have to agree with you. The title should be renamed to Moto's earnings if anything.

posted on 30 Jan 2014, 17:15

3. skymitch89 (Posts: 1072; Member since: 05 Nov 2010)


The reason that Motorola might not be doing too good is because they've only put out a few devices since Google took over (only a total of 8 devices (3 of which are exclusive to Verizon) in 2013 compared to a total of 24 in 2012).

posted on 30 Jan 2014, 19:31

4. techaman (unregistered)


reason they lost money is because they never put anything into motorola they had to chance to make amazing software and hard wear and choose to limit and keep it away. i would love a motorola phone with hard core google stuff built in.

posted on 31 Jan 2014, 00:43

5. My1cent (Posts: 20; Member since: 30 Jan 2014)


Making money?
Moto kept canceling order that the shipping & billing address aren't the same!
and their useless reps couldn't sell !
No more Google-money for this Motoloser!

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