Google had reported consolidated revenues of $13.97 billion for the quarter ending March 31, 2013, up 31% from $10.65 billion revenues in the same quarter last year. Here are some notes from the Google’s Investor conference call:
– On Search Initiatives: Google has improved its personal assistant service Google Now during the quarter and it now offers personalized information like boarding passes, delivery updates, and traffic conditions. The service also added support for movie tickets during the quarter and offers users with directions to the theatre. Google CEO Larry Page also said that they improved Google’s voice search service and it now understands conversational questions from users.
– Chrome Web Search APIs: During the quarter, Google introduced support for Web Speech APIs to its Chrome web browser, which allows developers to integrate voice recognition to their web apps.
– Google Play: Google Play has signed partnerships with all major movie studios, music labels, and publishers in its first year. The company extended its digital content to seven countries during the quarter, including India and now offers digital content in 20 countries globally. Earlier this month, Google introduced a new revamped interface for Google play, bringing in improved recommendations, bigger images and simpler way to purchase things.
– Google Enhanced Campaigns: In February, Google released a significant upgrade to Adwords in the form of Enhanced Campaigns, which allows advertisers to focus only on their ad campaigns and their audience, while Google will dynamically adapt these campaigns across several device form factors. Through this program, advertisers can manage and measure campaigns that reach people across devices.
Nikesh Arora, Google’s Senior Vice President and Chief Business Officer, informed that 95% of its clients are conducting campaigns that spreads across multiple screens and claimed that more than 1.5 million campaigns have already been upgraded to enhanced campaigns in the past two months. They hope to upgrade all their campaigns to enhanced campaigns by the end of the current quarter.
– Forthcoming Motorola products: Page also hinted at the forthcoming Motorola products. While he expectedly didn’t reveal any specific details on the products, he talked about various issues in the current mobile devices which includes battery life, build quality and no water resistance along others and said that there is a real potential in developing new experiences which is better and faster.
– Not focusing on incremental changes: Page told that companies tend to become comfortable with incremental changes to their products, however these incremental improvements will become obsolete in the due course of time, because of which they are investing in speculative projects today like self-driving cars. Google launched Google Fiber because Google co-founder Sergey Brin wanted to show high speed Internet access can improve people’s lives and the service is now live in Kansas City, United States. Google also started handing out its wearable computing device, Google Glass to developers during the quarter.
– Enterprise business: Google saw a significant increase in number of customers from large global organizations and claims that 58% of the Fortune 500 companies are using a paid version of its enterprise cloud offerings. During the quarter, Google inked partnerships with BMW to integrated Google Places and Street View to their cars. It also inked the Malaysian government to deploy Google Apps to more than 10 million students, teachers and parents and deploy Chromebooks to primary and secondary schools nationwide.
– Google Shopping: Google’s shopping business now has 1 billion products listed and during the quarter, the company rolled out product listing ads on mobile phones and in Europe.
Listen – Google Q1 2013 Conference Call
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