Google’s Q4 earnings climb 7% as online ad spend rises

Google says its fourth-quarter earnings rose 7% as online advertisers spent more money in pursuit of holiday shoppers. The results announced Tuesday were slightly above analyst estimates. It wasn’t an apples-to-apples comparison because the most recent quarter included Motorola Mobility, which Google Inc. didn’t own in the previous year. Things were further complicated by Google’s […]

Google says its fourth-quarter earnings rose 7% as online advertisers spent more money in pursuit of holiday shoppers.

The results announced Tuesday were slightly above analyst estimates.

It wasn’t an apples-to-apples comparison because the most recent quarter included Motorola Mobility, which Google Inc. didn’t own in the previous year.

Things were further complicated by Google’s recent agreement to sell a part of its Motorola Mobility division that makes cable TV boxes. That division is now accounted for as a discontinued operation.

Google earned nearly $2.9 billion, or $8.62 cents per share during the final three months of last year. That compared to net income of $2.7 billion, or $8.22 per share, at the same time last year.

Revenue surged 36% from the previous year to $14.4 billion.

Media Articles

‘TV my way’ segment continues to grow: MTM

One of four emerging trends identified in technology adoption report

CBC taps Errol Da-Ré for Olympic sales role

Former Shaw Media sales executive to secure sponsors for Rio Games

On The Move: Promotions at Union and District M

A weekly update of who's headed where in Canadian marketing and communications

OMD tops Gunn Report for 10th straight year

Report lists Canadian office's 'Smart City Project' among the network's best work

Embrace Twitter’s changes before flying off the handle

Martin Waxman explains why he's suffering from the Twitter blues

Who’s the boss? PR pros or journalists? (Study)

Professor looks at the varied ways PR professionals "act on journalism"

Former Conservative staffer joins Citoyen Optimum

Catherine Loubier takes vice-president, strategic counsel and public affairs role

TSN introduces ‘Champions Live Here’ positioning

Multi-platform campaign launched during the Super Bowl with a 60-second anthem

Twitter’s flock flattens

Social media site fights to stay relevant as user base remains stagnant