Google Q4 2013 earnings deliver $16.86 billion in revenue, profits miss expectations but shares rise

It seems like Google can do no wrong with the markets these days. The consensus estimate on Wall Street was that Google would deliver $ 16.75 billion in revenue and earnings of $ 12.26 a share. It hit on the top line, with $ 16.86 in revenue, but missed on the bottom with earnings of $ 12.01 a share. Still the stock was up slightly in after-hours trading.

Google made $ 14.4 billion in revenue and earned $ 8.62 a share for this same period a year ago. Last quarter Google brought in $ 14.8 billion and earned $ 10.47 a share. Profits rose from $ 3.39 billion this time last year to $ 3.92 billion this quarter.

The big story last quarter was the mounting losses at Motorola. That continued this quarter, but for the final time. Google announced…

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