Thursday, April 17, 2014
Google Almosts Doubles Investment
Google reported a 19% increase in revenues year-on-year to 15.42 billion US dollars in the first quarter of 2014. However, the cost per click it could charge advertisers fell 9% year-on-year. Google said its YouTube, Android/Play and Chrome businesses are "demonstrating high consumer success", but it is having to invest in its social, commerce, and enterprise businesses to drive adoption and innovation.
Google also reported that it invested 2.35 billion dollars in property, plant and equipment in the first quarter up from 1.2 billion dollars a year earlier. source: Google presentation
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