Google earnings up 12% in third quarter even as Motorola losses deepen

The company also reported an increase in users' clicks on advertisements, with a decrease in cost to marketers per click

  • theguardian.com,
google revenue
A Google logo at the entrance to the company's offices in Toronto. Photograph: Chris Helgren/REUTERS

Google Inc said that its consolidated revenue increased 12% to $14.89bn in the third quarter, even as losses deepened at its Motorola mobile phone business.

Shares of Google rose more than 5% to $939.26 in after-hours trading on Thursday.

The owner of the world's primary web search engine said that its internet business delivered net revenue, which excludes fees paid to partners, of $10.8bn in the third quarter, up 23% from $8.76bn in the year-ago period.

Google said that paid clicks increased 26% year-on-year during the three months ended 30 September, while the average cost-per-click – the price that marketers pay Google when consumers click on their ads – decreased 8%.

Google said it earned $2.97bn, or $8.75 per share in the three months ended 30 September, compared to $2.18bn, or $6.53 per share, last year.

Operating loss at Motorola, Google's mobile phone business, totaled $248m during the third quarter, compared to a loss of $192m in the third quarter of 2012. 

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