Google's Motorola revenue kicks in

Google has reported a profit of $2.79bn in the quarter ending 30 June, in the company's first financial statement since it finalised its acquisition of Motorola in May.

The figure represents a jump of 11 per cent over the same period year on year,

Motorola revenues reached $1.25bn in the quarter, about 10 per cent of Google's total revenue.

Google's total revenue, including Motorola sales, was $12.21bn up from $9.02bn a year earlier.

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But Motorola also accounted for an operating loss of $233m, which brought Google's total operating margins down by 6 percentage points.

Google's advertising business remained strong, bringing in nearly $11bn, a 21 per cent increase compared to the same period 12 months ago.

But the company's earnings from advertisers per click, was down 16 per cent during that time. The metric, which has been cause for some concern among financial analysts, did rise a single percentage point since the first quarter of this year.

Analysts polled by Thomson Reuters had expected Google to deliver earnings per share, excluding one-time items, of $10.04. Google delivered $10.12.