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, Exterion Media build on London Underground big data project Telefónica, Exterion Media build on London Underground big data project Telefónica and Exterion Media have provided more details of their joint venture that uses data from the operator’s customers who use the London Underground. More detail
CDOs should choose one of four ways to design their organisations CDOs should choose one of four ways to design their organisations Chief Data Officers should think about designing their organisations according to four distinct principles, new research has claimed. More detail
Nokia CEO warns of telcos reassessing capex plans as it unveils “solid” financials Nokia CEO warns of telcos reassessing capex plans as it unveils “solid” financials Rajeev Suri said he expected the start of 2016 to be particularly challenging as operators reassess capex plans in light of macroeconomic uncertainty. More detail
AsiaInfo strikes Amazon Web Services deal, launches BSS in the cloud AsiaInfo strikes Amazon Web Services deal, launches BSS in the cloud BSS vendor AsiaInfo has penned a strategic partnership deal with Amazon Web Services as it looks to offer public cloud-based services to operators. More detail
Telefónica splits off infrastructure assets into new company Telefónica splits off infrastructure assets into new company Telefónica has created a new company that will manage a number of its infrastructure assets. More detail