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Uphill accounts for Google and Amazon

The Mountain View giant closed 2013 with a turnover exceeding 50 billion dollars, at 57,86, against 50,18 in 2012 – As for Amazon, its turnover reached 25,59 billion dollars in the fourth quarter , up from $21,3 billion a year earlier.

Uphill accounts for Google and Amazon

Growing results for Google and Amazon. The Mountain View giant closed 2013 with a turnover exceeding 50 billion dollars, at 57,86, against 50,18 in 2012. In the last quarter, sales amounted to 16,86 billion dollars, up 17% over the same period a year earlier, while net income rose to $3,38 billion from $2,89 billion recorded in the last quarter of fiscal 2012.

Motorola Mobility, which Google sold to Chinese Lenovo on Wednesday, reported a negative result and declining sales. “We have made significant progress in improving several products and businesses,” said group chief executive, Larry Page. The Google stock was positive in the after hours, with a jump of 4%.

As for Amazon, fourth-quarter revenue reached $25,59 billion, up from $21,3 billion a year earlier. In October, the Seattle-based company had estimated revenues ranging between $23,5 and $26,5 billion, while analysts were expecting $26,1 billion. Net income also rose, reaching 239 million dollars (51 cents per share) from 97 million dollars (21 cents per share) in the same period of the previous year. 

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