Google has reported consolidated revenues of $12.21 billion for the quarter ending June 30, 2012, a 35% growth in revenues year-on-year (YoY) and 15% growth quarter-over-quarter (QoQ). Here are some notes from the Google's Investor conference call: - On Motorola Mobility Acquisition: Google completed the acquisition of Motorola Mobility on May 22, 2012, after acquiring the company for $12.5 billion in August 2011 and had included the company's results from the acquisition date through June 2012, rather the entire quarter. During this period, Motorola generated revenues of $1.25 billion or 10% of total revenues. Patrick Pichette, Google's Senior Vice President and Chief Financial Officer, stated that Motorola Mobility's new CEO Dennis Woodside and the entire management team is currently in the process of evaluating all businesses of Motorola Mobility and people could expect some changes at the organization in the future. However, he noted that their management team has been there only for a few weeks now, so its too early to make any announcements on the changes they plan to bring to the company. - On Voice Search: Susan Wojcicki, Google’s Senior Vice President for Advertising stated that Google has been investing on voice search capabilities for several years and they believe that they have a good technology in place now. Android 4.1 'Jelly Bean', the next major release of Google's mobile operating system Android, features an improved voice search which understands natural language queries and delivers answers in addition to a list of search results. - On Mobile Search: Susan Wojcicki stated that mobile search queries have been mostly incremental, rather than being cannibalistic to desktop search…
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