Google’s revenue exceeded expectations

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Q3 of 2015 is one of the – strongest periods of Google in terms of financial results. The company’s revenues for the third quarter were 18.7 billion dollars, 13 percent more than last year. Google sites generated 13 billion dollars of which revenues increased by 16% compared to 2014.

 
Net income is also higher – 3.98 billion, compared with Q3 of 2014 – 2.74 billion dollars.

 
Google saw an increase in revenue from their devices and commercials. Other sources of success are the hardware sales ($ 1.89 billion.) And increases of 23% of paid clicks.

 

Ruth Porat, CFO of Google, pleased with the results:

“Our Q3 results show the strength of the business of Google, especially in mobile search. With these products and now more than one billion users worldwide, we are excited about the potential of the company’s future. “

Source: GSMARENA