Google has announced earnings for Q4 of 2014. The company’s revenue for Q4 was $18.1 billion, up from $16.86 billion one year ago, and net income of $4.76 billion was up 40 percent over a year ago, when the company pulled in $3.38 billion in profits.
The total revenue of the company was total $66 billion revenue for 2014 up 19 percent year-over-year. Google still did not meet Wall Street Journal’s expectation that were predicted at $18.46 in revenue for Q4. Google-owned sites drove $12.43 billion in revenues for the quarter, up 18 percent, while partner sites made up $3.72 billion of the revenues, up 6 percent. $10.23 billion in revenue. Google’s revenue outside US were $10.23 billion, representing 56% of total revenues in the fourth quarter of 2014, compared to 58% in the third quarter of 2014 and 56% in the fourth quarter of 2013.
The company’a advertising business garnered maximum revenue that accounted for 89 percent of its total revenues. Google’s earnings also reported that the sale resulted in a net gain of $740 million (not including taxes) for Google.This was a major contributor for the Q4 net income. Meanwhile, Apple also reported record $74.6 billion revenue for Q1,2015