Google’s Q2 earnings have surged with the help of newly acquired Motorola. This is Google’s first earnings report since acquiring Motorola last May. Motorola has contributed 10% of Google’s overall revenue. However, Motorola reported an operating loss of $233 million, $192 million of which came from its mobile business.
What You Need To Know:
- In the second quarter of 2012, Google reported $12.21 billion in revenue, which is up compared to the $9.02 billion revenue last year.
- Motorola contributed $1.25 billion in revenue, which is about 10 percent of Google’s overall revenue. Around $843million of Motorola’s revenue came from its mobile business.
- Google acquired Motorola for $12.5 billion in May 2012. The acquisition has increased Google’s workforce by 20,293, which brings to a total workforce of 54,604.
Sources:
Motorola contributes over $1B to Google, but still a drag overall
CNET
Motorola is a work in progress. Google is still doing its homework.
Venture Beat
Google Hits Its Q2 Numbers, and Wall Street Shrugs
All Things D