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1/29/2015

Google shares rise after-hours following fourth quarter earnings report

After initially declining 3% after reporting fourth quarter earnings, Google's shares have reversed and are now trading up 1.44% after hours. Revenue increased 15% during the October-December period. But the actual amount of revenue received by Google during the fourth quarter fell short of Wall Street estimates. The abacus sporting pencil pushers were looking for the company to take in $18.46 billion and the actual figure was $18.10 billion.



Google doesn't make a red cent (or any other color cent for that matter) directly from the use of its Android open source OS. But the more Android ...



from PhoneArena - News http://ift.tt/1JQElQP
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