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Google Makes $12.2 Billion While Motorola Loses $233 Million

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Google has announced its financial results for the second quarter of 2012, revealing a very healthy improvement in revenue over the same period last year. The company made $12.21 billion, which is a whopping 35 percent increase, and this is despite the cost of its acquisition of Motorola being accounted for in this quarter. Meanwhile net income registered at $2.9 billion and total cash-on-hand is a whopping $43.1 billion.

Things aren't quite so rosy for Motorola, though. Despite being under Google's wing for nearly a year now, the company made a $233 million loss, $192 million of which was from the mobile division. This is based on revenue of $1.25 billion.

Google also announced figures to do with its core advertising revenue model, revealing its aggregate paid clicks were up 42 percent year-on-year, though the cost-per-click is down 16 percent. Meanwhile it was also interesting to note the company's employee numbers, given its recent taking on of Motorola's head count. It employs some 54,604 people worldwide - as of June 30th - up from 33,000 last year. About 20,000 of the current workforce are part of Motorola.

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