January 24, 2013
Last year marked Google’s first year in which it hit $50 billion annualrevenue, as revealed in its earnings report, released this week.
Its final quarter was its most successful, making $14.42 billion – an
increase of 26% from the previous year’s final quarter. The Wall Street
prediction for Google for the quarter was $12.36 billion.
Larry Page, CEO of Google, said: “We ended 2012 with a strong quarter.
Revenues were up 36% year-on-year, and 8% quarter-on-quarter.”