Google Inc. (NASDAQ: GOOG) is out with its corporate earnings report for the first quarter of 2013. The Internet search giant’s results were up 16% to $11.58 in earnings per share (EPS) and the sales were up 31% to $13.97 billion in revenue. Thomson Reuters had consensus estimates of $10.69 EPS and $14.04 billion in revenue. As a reminder, Google does not offer forward earnings guidance.
Perhaps our largest single concern in Google is not the erosion of desktop ads into mobile, but the paid clicks and the revenue mix changing so much now that Android and smartphone and tablet devices are becoming larger and larger for the company. The company showed that paid clicks rose by 20% while the prices paid per click was down 4%.
Cash, cash equivalents, and marketable securities were $50.1 billion. Google’s headcount only grew by 30 people and was listed as 53,891 full-time…
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