Google has reported its financial results for the first quarter of 2014 and while the company has come in below revenue and earnings estimates, the miss isn’t all that large. Especially when you consider that Google is up 19% on last year’s totals.
Google was expected to post revenues of $15.52 billion for the period, with earnings of $6.42 per share thought to be on the cards. The company’s actual results were a little below that target, with $15.42 billion in revenue and earnings of $6.27 making up their two main figures for the first quarter of this year.
The bulk of the company’s money came from Google.com, Gmail and Youtube, accounting for 68% ($10.47 billion) of Google’s revenues. Google’s Adsense accounted for $3.4 billion while Google Play and other aspects of the company made up the rest of Google’s reported total for the quarter.
Source: The Verge