Google marches on despite analyst concern

Google reported revenues of $10.6 billion for Q4 2011, representing a 25 percent increase over the same period last year.

Full-year revenues for 2011 reached $37.9 billion, up from $29.3 billion in the previous 12 months.

“Google had a really strong quarter ending a great year,” said company CEO Larry Page.

However, the results were still not as good as some analysts had hoped for and Google’s share price fell by over one percent during the course of Thursday.

Although the California-based company doesn’t fully break down its operations when reporting its results, it did appear to register rises across its key areas of focus.

Google-owned sites generated revenues of $7.29 billion, or 69 percent of total revenues, in Q4 – a 29 percent increase over the same period last year.

For the whole of 2011, revenue from Google-owned sites grew to $26.1 billion, up from $19.4 billion in 2010.

Google’s partner sites generated revenues of $2.88 billion, or 27 percent of total revenues, in Q4 – a 15 percent increase.

Aggregate paid clicks, a key metric which includes clicks related to ads served on Google partner sites, increased 34 percent over the same period last year and was up 17 percent over the previous quarter.

International revenues proved the only slight blemish on the results. They remained flat overall, while their share of total company revenues fell two percent, to 53 percent, compared to Q3 mainly as a result of macroeconomic conditions.

Page nevertheless remains upbeat. “I am super excited about the growth of Android, Gmail, and Google+, which now has 90 million users globally – well over double what I announced just three months ago,” he said.

More News

Telefónica halts sale of O2 UK Telefónica halts sale of O2 UK Telefónica has pulled the plug on the sale of its UK subsidiary following the failure of a proposed deal with rival Three and amid the UK's decision to leave the European Union. More detail
Ericsson wins KDDI enterprise IoT, Makedonski Telekom network deals Ericsson wins KDDI enterprise IoT, Makedonski Telekom network deals Ericsson has won deals to supply enterprise IoT to Japan’s KDDI and manage the network infrastructure of Deutsche Telekom’s Macedonian subsidiary. More detail
Orange buys Moldova’s Sun Communications, invests in Wi-Fi start-up Orange buys Moldova’s Sun Communications, invests in Wi-Fi start-up Orange is to acquire Moldova’s leading cable TV operator Sun Communications as it looks to sell converged services to its customers. More detail
Sky’s Now TV unveils contract free triple-play offer Sky’s Now TV unveils contract free triple-play offer Sky’s OTT TV service is to offer UK customers a triple-play service without the need to sign up to a contract. More detail
Lebara UK hails deal with Uber Lebara UK hails deal with Uber MVNO Lebara has teamed up with Uber to offer customers money off the taxi service. More detail