Google revenues are up, slightly, from last quarter, and up about $1.5 billion from last year's Q3 as the search engine, mobile juggernaut, and social network reported its third-quarter earnings today.
The company reported $14.9 billion in income -- higher than analysts predicted -- with earnings per share of $10.74, also higher than the expected $10.36. That translates to profit of $2.97 billion, up from $2.18 billion in Q3 2012. In addition, net cash flow from operations jumped to $5.08 billion from $4 billion a year ago.
Google now has cash, cash equivalents, and marketable securities totaling $56.52 billion.
“Google had another strong quarter with $14.9 billion in revenue and great product progress,” said Google CEO Larry Page. “We are closing in on our goal of a beautiful, simple, and intuitive experience regardless of your device.”
Google's quarter in pictures:
Last quarter Google earned $14 billion, with almost all of it -- $13.1 billion -- coming from ad revenue. That was 19 percent growth, year-over-year, and added $4 billion in profit to Google's overflowing coffers. This quarter's growth was only 12 percent, but still strong.
Some highlights from this quarter:
- paid clicks increased approximately 26 percent
- cost-per-click dipped approximately 8 percent
- traffic acquisition costs jumped $200 million, but dipped as a percentage of income
- Motorola contributed $1.18 billion, or eight percent of Google's revenue
The company says it will continue to invest in three major areas: ads (search and display advertising), high-growth businesses (YouTube, Android, and Chrome), and new businesses (social, commerce, and enterprise).







