Google's Core Internet Business Revenue Rose 22% In Q4

wochit technology
January 31, 2014 AT 12:49 AM
Google's consolidated revenue beat Wall Street's target in the fourth quarter even as pricing for its online ads weakened during the holiday season. Shares of Google, the world's No.1 Internet search engine, were essentially flat at $1136.94 in after hours trading on Thursday. Google's consolidated revenue, which includes the money-losing Motorola smartphone business, rose to $16.86 billion from $14.42 billion in the fourth quarter of 2012.