Despite Motorola Dragging It Down, Google Made $12.21 Billion in Q2

Google announced its second quarter financial details which, for the first time, include Motorola, now that the merger has been completed. Google started reporting overall revenue, i.e. adding up the Motorola figures, but you can still find out how much the rest of the business made.

Consolidated revenue was $12.21 billion, €9.94 billion, a 35 percent growth over the same period in 2011. However, deducting Motorola revenue, this goes down to $10.96 billion, €8.92 billion, only a 21 percent increase over the 2011 figures. Motorola was responsible for $1.25 billion, $1.02 billion in revenue a slightly better than expected figure.

But the phone maker was in the red, deep in the red, it had an operating loss of some $233 million, €190 million. Even so, Google managed to get $3.44 billion, €2.80 billion in operating income in Q2 2012.

Overall, Google is still growing and Motorola, while a burden, isn't slowing it down. Worryingly though, cost-per-click rates are still significantly lower than a year ago.