Diva summary:
- Google revealed that in 2012 revenues passed $50 billion for the first time.
- These numbers are up 36% from the $38 billion in revenue Google gained in 2011.
- Google's stock went up 4% after the earnings announcement.
From the article:
"We ended 2012 with a strong quarter,” said Larry Page, CEO of Google. “Revenues were up 36% year-on-year, and 8% quarter-on-quarter. And we hit $50 billion in revenues for the first time last year – not a bad achievement in just a decade and a half."