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Google announces Q2 2012 earnings and sees 21 percent growth

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http://www.talkandroid.com – Today Google announced their Q2 earnings, reporting 21% growth year over year for revenue, to the tune of $10.96 billion. GAAP income was also listed coming in at $2.79 billion, up from 2.51 billion in Q2 of 2011. As of Q2, Google reports having $43.1 billion in cash reserves and equivalents. The Mountain View company also increased their workforce by about 5,600 people, very impressive if I might add. In light of Google’s acquisition of Motorola, their revenue was also listed on the earnings sheet. Revenue for “hardware and other” was listed at $1.25 billion with $843 mill (IT news)

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Submitted by Androidboy on 07/20/2012 – Made popular on 07/20/2012

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IBM just released its Q3 2012 financials. Big Blue’s GAAP earnings came in at $3.8 billion, up 3% from the last quarter. Non-GAAP earnings were $4.2 billion. Overall, the company reported revenue of $24.7 billion, down from $25.8 billion in Q2. Ahead of the earnings release, most analyst expected that Big Blue would report robust earnings.

Google’s earnings for Q3 ending on September 30 leaked in a SEC document. Revenues are up 45 percent compared to Q3 2011 and now represents $14.10 billion. However, GAAP net income is down 20 percent year-over-year to $2.18 billion, or $6.53 per share, compared to $2.73 billion for Q3 2011, or $8.33 per share. Non-GAAP earnings per share is at $9.03 compared to $9.72 year-over-year.

IBM just released its Q4 2012 financials. The company’s GAAP net income came in at $5.8 billion, up 6% from last year. Non-GAAP net income was $6.1 billion. Overall, the company reported revenue of $29.3 billion, down 1%. Earnings per share were $5.39 compared to $4.71 per share in the fourth quarter of 2011, an increase of 14 percent. Analysts expected double digit growth from IBM.

eBay just released Q3 earnings this afternoon, reporting earnings per share of $0.55 on revenue of $3.4 billion. Analysts expected EPS of $0.54 and revenue of $3.4 billion for Q3 2012. The company reported third quarter net income on a GAAP basis of $597 million, or $0.45 per diluted share, and non-GAAP net income of $718 million, or $0.55 per diluted share.

HP’s earnings for Q4 ending on October 31 show a gloomy quarter. Revenue is down 7 percent to $30 billion compared to Q4 2011. But the real problem comes from GAAP net income, with a net loss of $6.9 billion, or $3.49 per share, compared to a slim net profit of $0.2 billion for Q4 2011. Non-GAAP diluted earnings per share is at $1.16 compared to $1.17 year-over-year.

After posting strong Q4 2012 results in January, eBay once again saw better-than-expected financial results in Q1 2013. Revenue was up 14 percent to $3.7 billion, compared to the same period of 2012. The company reported first quarter net income on a GAAP basis of $677 million, or $0.51 per diluted share, and non-GAAP net income of $829 million, or $0.63 per diluted share.

Oracle just announced mixed third quarter earnings this afternoon, reporting that revenues were down 2% to $8.2 billion. GAAP earnings per share were $0.41, up 15% compared to last year while non-GAAP earnings per share were up 11% to $0.53.

Google’s Q3 earnings just leaked ahead of schedule, and it appears that Motorola revenues accounted for $2.58 billion of Google’s $14.10B revenue in the three-month period ending September 30. $1.78 billion was generated from the mobile segment alone, with $797 million credited to the home segment. In total, Motorola revenues account for 18 percent of Google’s Q3 report.

After last quarter’s accidental midday earnings leak, which sent its stock price down and halted trading, Google released its Q4 2012 earnings today right on schedule. But that’s not to say there wasn’t any confusion this time around. For Q4 2012, the company reported revenues of $14.42 billion for the quarter ending Dec.