Google whiffs again in Q2 2014 earnings but beats on revenue expectations

[Wireless News]

http://l.yimg.com/bt/api/res/1.2/B46.bPjCzLnMy80W7YG3Fw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/google-sign.jpg (http://news.yahoo.com/google-whiffs-again-q2-2014-earnings-beats-revenue-201340491.html)Google on Thursday reported earnings of $6.08-per share on revenues of $12.67 billion, which-missed the consensus estimate of earnings of $6.24 per share while beating the consensus estimate of revenues of $12.32 billion. The past quarter was a very busy one for the search giant, which unveiled its new Android L platform that features a completely new-user interface design, as well as Android Wear, its first attempt at making a platform for wearable computers. Aside from the big EPS and revenue figures, Google also saw its cost-per-click —-a key metric used to determine how much money Google can charge for advertisements — decline by 6% year-over-year from Q2 2013. This is actually an improvement from the last quarter when Google



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