x PhoneArena is hiring! Reviewer in the USA
  • Options

Google's second quarter earnings rise, stock jumps

0. phoneArena posted on 19 Jul 2012, 16:05

Google just reported its Q2 earnings of 2012 and the figure was $2.79 billion which was down from the first quarter's figure of $2.89 billion, but up from last year's $2.51 billion; Motorola Mobility, now a totally owned subsidiary, lost $223 million in the three months...

This is a discussion for a news. To read the whole news, click here

posted on 19 Jul 2012, 16:27 4

1. smdeezy (Posts: 66; Member since: 17 Jun 2011)

Damn! That's a lot of money and a lot of employees!

posted on 20 Jul 2012, 02:03

7. Mxyzptlk (unregistered)

Well look at how much of a monopoly they are with searching and advertising. Google brings a lot of traffic which equals lots of money. It's far more complex than that.

posted on 20 Jul 2012, 03:14 1

8. MeoCao (unregistered)

Google's monopoly is different than Intel's or MS. Google does not use anticompetitive practices and brings a lot of value to the masses. Google dominates search b-c they are better.

posted on 20 Jul 2012, 10:32 1

11. snowgator (Posts: 3604; Member since: 19 Jan 2011)

What is your definition of monopoly? Bing is a profitable, well supported search engine that has every chance to be competitive. The fact it hasn't yet doesn't mean Google is forcing them out of business. Google is just light years ahead of it's competition.

McDonald's isn't putting anyone out of business either, but it is massively larger than even the #2 fast food place. (Which has always amazed me, considering how their food is plain inedible and vomit inducing.)

posted on 19 Jul 2012, 16:45 6

2. Ohrules (Posts: 327; Member since: 11 Jun 2012)

that's google for you!

posted on 19 Jul 2012, 16:57 2

3. Non_Sequitur (Posts: 1111; Member since: 16 Mar 2012)

Er mah gerd. I better put a share in Google while I still can. O_O

posted on 19 Jul 2012, 17:10 2

4. snowgator (Posts: 3604; Member since: 19 Jan 2011)


Come on Google, spread the love will ya???

What a great quarter. Sometimes I forget just how huge and successful of a company it is. Good for them. Imagination and risk taking has really paid off for them.

posted on 19 Jul 2012, 23:09 1

5. kanagadeepan (Posts: 981; Member since: 24 Jan 2012)

To bring Motorola Mobility to green back, just make its phone come with unlockable bootloaders Google...

Sure the geeks form less than 0.1% of customers... And almost 90 to 95% people don't know difference between iOS and Android... Most of the 90% group (almost 60-65% of them) ask the geeks about "Which device to buy for this budget????" and that less than 0.1% people infuence their decisions...

So please don't take geeks and developers simple and for your goodness UNLOCK THE BOOTLOADERS in Motorola Android phones....

posted on 20 Jul 2012, 00:23

6. MeoCao (unregistered)

I love Google!

posted on 20 Jul 2012, 04:44

9. xumaa (Posts: 6; Member since: 11 Jul 2012)

Google is the best! :)

posted on 20 Jul 2012, 07:42

10. Edmund (Posts: 656; Member since: 13 Jul 2012)

Earnings and profit both fell short of analyst expectations.

Want to comment? Please login or register.

Latest stories