{"id":43174,"date":"2013-10-18T09:09:11","date_gmt":"2013-10-18T13:09:11","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=43174"},"modified":"2013-10-18T09:41:13","modified_gmt":"2013-10-18T13:41:13","slug":"googles-revenue-climbs-in-third-quarter","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/10\/18\/googles-revenue-climbs-in-third-quarter\/","title":{"rendered":"Google\u2019s Revenue Climbs in Third Quarter"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>Google released its financial report for the third quarter on Thursday, showing a rise of 36.2% in profits, driven by the boosted profits through advertising.<\/p>\n<p>Google shares advanced 8% to a new record high, just below the $1,000 barrier by $40. With the three-month period ending September 30, the Internet search giant company reached a net income of $2.97 billion in the third quarter, up from $2.18 billion recorded in the previous year.<span id=\"more-2635\"><\/span> Earnings per share reached $8.75 on 339 million diluted shares outstanding rising from last year record of $6.53 on 333 million diluted shares outstanding.<\/p>\n<p>Google sites revenues edged 22% higher to $9.39 billion, paid clicks climbed to approximately 26% year-on-year and 8% higher over the second quarter.<\/p>\n<p>However the average cost-per click edged 8% lower from the same period a year ago and approximately 4% over the second quarter this year.<\/p>\n<p>&#8220;Google had another strong quarter with $14.9 billion in revenue and great product progress,&#8221; said CEO\u00a0Larry Page. &#8220;We are closing in on our goal of a beautiful, simple, and intuitive experience regardless of your device,&#8221; he added.<\/p>\n<p>Approximately 40% of the traffic that leads to YouTube, occurs on mobile devices, Larry Page commented.<\/p>\n<h2>Google \u00a0&#8211; Motorola<\/h2>\n<p>Motorola mobile segment revenue (which was bought by Google in 2011) recorded a drop of $248 million of Motorola in the third quarter, compared to the previous record of a 192 million loss or -11% of Motorola Mobile segment revenues in the third quarter in the previous year.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><i>Visit<\/i><i>\u00a0<\/i><a title=\"HY Markets\" href=\"http:\/\/www.hymarkets.com\/\" target=\"_blank\"><i>www.hymarkets.com\u00a0<\/i><\/a><i>and find out more about our product offering and how you can start trading \u00a0with only $50.<\/i><\/strong><\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/google-revenue-climbs-in-third-quarter.html\">Google&#8217;s Revenue Climbs in Third Quarter<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog Google released its financial report for the third quarter on Thursday, showing a rise of 36.2% in profits, driven by the boosted profits through advertising. Google shares advanced 8% to a new record high, just below the $1,000 barrier by $40. With the three-month period ending September 30, the Internet &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/10\/18\/googles-revenue-climbs-in-third-quarter\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Google\u2019s Revenue Climbs in Third Quarter&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-43174","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/43174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=43174"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/43174\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=43174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=43174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=43174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}