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Google Q3 2013: $14.89B Revenue; Paid Clicks Up 26%, CPC Down 8%

Google has reported consolidated revenues of $14.89 billion for the quarter ending September 30, 2013, registering a 12% growth from 13.3 billion revenues reported in the corresponding quarter last year (Q3 2012). Note that this revenue is without deducting the traffic acquisition costs of $2.97 billion. Highlights - Google released Android 4.3, the next major version of its Android operating system. It also launched a dedicated social gaming app Google Play Games. - Launched Chromecast, a Chrome OS-based wireless HDMI dongle and introduced a preview SDK for its Google Cast technology, which powers the Chromecast device. - Partnered with Asus to launch a new version of its 7-inch Android tablet Nexus 7. - Motorola launched Moto X, its first Android handset since the Google acquisition. The handset was customizable with Moto Maker service, which enabled users to choose backplate & accent colors, add custom text on the phone, choose their startup information and others. - Announced significant changes to its Google Play developer program policies to eliminate (or at least reduce) spammy and low quality apps in Google Play Store. - Google India rolled out Street View for private properties and pulled the plug on its music search service. Financials - Google Revenues (Advertising and others) Increases: Google reported increased revenues of $13.77 billion, up 19% from $11.53 billion revenues posted in the same quarter last year. These revenues accounted for 92% of Google’s consolidated revenues for the quarter. - Motorola Mobile Revenues (Hardware and others) Decreases: Motorola Mobile reported revenues of $1.18 billion, down 33.8% from $1.78 billion in Q3 2013. These revenues…

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