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Google praises product improvements and mobile for $15.4bn revenue in Q1

on Apr 17, 2014 | 0 comments

By Ishbel Macleod

Google’s revenue for the first quarter of 2014 was $15.4bn, up 19 per cent from the same period last year, with its websites accounting for 68 per cent of total revenues.

“We completed another great quarter,” said Larry Page, CEO of Google. “We got lots of product improvements done, especially on mobile. I’m also excited with progress on our emerging businesses.”

The results also noted that net loss from discontinued operations in the first quarter of 2014 was $198m, compared to $182m in the first quarter of 2013. This comes from the sale of Motorola Mobile in January 2014.

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Source: The Drum