The latest post on ‘ReadWrite’ is titled “Earnings Report: Google FTW!”.

Dan Lyons says, “Google’s annual sales have eked past $50 billion, thanks to a blow-out fourth quarter with sales far higher than what analysts had been expecting.

Google’s fourth-quarter revenues were $14.4 billion, well above the $12.4 billion that analysts had been expecting. Sales were up 36% from the fourth quarter of 2011.

Earnings also beat expectations, coming in at $10.65 per share versus the $10.52 that Wall Street was expecting.

Sales for the full year hit $50.2 billion, up 32% from $37.9 billion last year”.

Earnings Report: Google FTW!

ReadWrite

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