Tag: corporate report

Google rakes in the cash for first quarter

Posted on April 19, 2013 by - News

google-ICGoogle made more than a few dollars in its latest quarter, raking in a cool $14 billion in revenue.

The company, which described the figures as a “strong start to 2013,” reported consolidated revenues of $13.97 billion for the quarter ended March 31, 2013, an increase of 31 percent compared to the first quarter of 2012.

GAAP operating income in the first quarter of 2013 was $3.48 billion, accounting for 25 percent of revenues. This was in comparison to $3.39 billion, or 32 percent of revenues, in the first quarter of 2012.

Non-GAAP operating income in the first quarter of 2013 was $4.22 billion, or 30 percent of revenues. This compared to non-GAAP operating income of $3.94 billion, or 37 percent of revenues, in the first quarter of 2012.

GAAP net income including net income from discontinued operations in the first quarter of 2013 was $3.35 billion, compared to $2.89 billion in the first quarter of 2012.

Non-GAAP net income in the first quarter of 2013 was $3.90 billion, compared to $3.33 billion in the first quarter of 2012.

Again it was Google’s ad business that generated the most profit with revenues hitting
$12.95 billion, or 93 percent of consolidated revenues, in the first quarter of 2013, representing a 22 percent increase over first quarter 2012 revenues of $10.65 billion.

Google-owned sites generated revenues of $8.64 billion, or 67 percent of total Google revenues, in the first quarter of 2013 – an 18 percent increase over the same period last year.

And its partner sites also raked in the cash generating revenues of $3.26 billion, or 25 percent of total Google revenues, in the first quarter of 2013. .

In the UK, Google revenues amounted to $1.39 billion, representing 11 percent of revenues.

Traffic acquisition costs, the portion of revenues shared with Google’s partners, increased to $2.96 billion in the first quarter of 2013, compared to $2.51 billion in the first quarter of 2012.

However the company lost out on some dough over in its flagging Motorola mobile sector with a decline of 27 percent in the first quarter of 2013.

EE pledges jobs, sustainability

Posted on April 18, 2013 by - News

eeCarrier EE has published its first Responsibility Report, and we’re sure the PR cogs were working overtime to get it word perfect.

Within its musings, the company claims it has identified twelve areas that need improving, including reducing its environmental impact, keeping children safe and building further sustainability in its supply chain.

It also promised that by 2015 it will improve the digital skills of 1 million people, as well as recruit 500 apprentices into its business

The company has said it will be launching an EE graduate scheme and has committed to
supporting Plotr, the government-supported careers portal which is set to launch this year.

EE said its HR team will begin an initiative in schools, supporting 10 week-long work experience placements at its Bristol office for students from local secondary schools.

The pledges come as a new survey found that a quarter of Brits can’t be bothered to report broadband issues. According to comparison website Recombu.com/digital, of the 1447 people it asked  74 percent blamed slow internet issues on ‘heavy traffic’ and fail to report slow connectivity to their internet service provider.

Just over a third said they only reported a problem when ‘connectivity stopped entirely’, while 11 percent stated that they ‘never’ reported issues.