Google has posted consolidated revenues of $13.97 billion for the quarter ending March 31, 2012, registering a 31% growth from $10.65 billion revenues reported in the corresponding quarter last year (Q1 2012). Its worth noting that this revenue is reported without deducting the traffic acquisition costs of $2.96 billion. Also, remember that Google has included Motorola Mobility revenues in the current quarter revenues while the Q1 2012 revenues doesn't include Motorola Mobility revenues. Google started reporting Motorola Mobility’s operating results from Q2 2012, after completing the $12.5 billion acquisition on May 22, 2012. Financials - Google Revenues (Advertising and others): Google reported revenues of $12.95 billion, up 22% from $10.65 billion revenues posted in the same quarter last year. These revenues accounted for 93% of Google’s consolidated revenues for the quarter. - Motorola Mobile Revenues (Hardware and others): Motorola Mobile reported revenues of $1.02 billion, representing 7% of Google’s consolidated revenues, for the quarter. Note that this revenue is from Motorola’s mobile segment only. Motorola Mobility had inked an agreement with Arris Group in December 2012, to sell its home business for $2.35 billion in cash and stock with the acquisition expected to close in 2013. - Google owned sites vs network: Google-owned sites generated revenues of $8.64 billion for the quarter, a 18% increase YoY from $7.31 billion in Q1 2012, while the network revenues from partner sites (through Adsense programs) were $3.26 billion, up 12% YoY from $2.91 billion in Q1 2012. Advertising accounted for around 91.9% of Google revenues and around 85.2% of Google’s consolidated revenues during the quarter. Other Revenues: Other revenues for…
