Google’s revenue increased through the fourth quarter of 2014, but the company still fell short of Wall Street predictions. The company’s shares wobbled after the results, with the price declining 3% in the wake of the announcement but increasing by 1.44% as the hours passed after the earnings call.
There was a revenue increase of 15% year-on-year to $18.10 billion, but Wall Street was predicting that Google would be making revenues of $18.46 billion. Google’s revenue largely comes from advertising and Android is a big part of that, even if the mobile platform does not directly make any money. Profit raised profits through Q4 to $4.76 billion from $3.38 billion over the same period the year before.
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