Thursday, July 19, 2012

Google hits $12.21 billion in revenue for Q2 2012 (update: Motorola figures)

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Google just defied expectations again -- it mustered a full $12.21 billion in revenue and generated an ample $2.79 billion in profit for its second quarter of 2012. The growth in revenue was a heady 21 percent over what the search leader saw a year ago (about 15 percent sequentially), even with a [recently-swallowed Motorola][3] now factoring (however slightly) into its results. About $10.96 billion of revenue comes from advertising and other close-to-the-vest businesses, $7.54 billion of which was from sites directly owned by Google. Unlike [this winter][4], Google doesn't have any wildcards in store for share splits or other saucy details. Of course, we may learn more when executives hit the phones for a results call -- at present, the company is just happy to look forward to a summer of [Nexus 7][5] sales and [Jelly Beans][6].

**Update:** Drilling down into Motorola's separate results, Google said its new acquisition generated $1.25 billion by itself, about $843 million of which was after the acquisition was completed. If Motorola had stood on its own, it would have lost $38 million: success with the [Droid RAZR MAXX][7] in the US were offset by the continued decline of basic cellphones elsewhere in the world.

Filed under: [Cellphones][8], [Tablet PCs][9], [Internet][10]

[Google hits $12.21 billion in revenue for Q2 2012 (update: Motorola figures)][2] originally appeared on [Engadget][11] on Thu, 19 Jul 2012 16:02:00 EDT. Please see our [terms for use of feeds][12].

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[3]: http://www.engadget.com/2012/05/22/google-officially-closes-deal-for-motorola-mobility/
[4]: http://www.engadget.com/2012/04/12/google-reports-10-65-billion-in-revenue-for-q1-2012-splits-sto/
[5]: http://www.engadget.com/2012/06/28/nexus-7-review/
[6]: http://www.engadget.com/2012/06/28/android-4-1-jelly-bean-review-a-look-at-whats-changed-in-googl/
[7]: http://www.engadget.com/2012/01/31/motorola-droid-razr-maxx-review/
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