Google and Microsoft have come out with their Financials for the past Quarter, Microsoft Corp. announced quarterly revenue of $18.06 billion for the quarter ended June 30, 2012. Operating income and loss per share for the quarter were $192 million and $0.06 per share due to a huge $6.2 billion charge in its online services division relating to its failed 2007 acquisition of aQuantive.
“We delivered record fourth quarter and annual revenue, and we’re fast approaching the most exciting launch season in Microsoft history,” said Steve Ballmer, chief executive officer of Microsoft. “Over the coming year, we’ll release the next versions of Windows, Office, Windows Server, Windows Phone, and many other products and services that will drive our business forward and provide unprecedented opportunity to our customers and partners.”
Google, for the same period collected $12.21 billion in revenue and generated $2.79 billion in profit. Google beat earnings expectations with a profit of $10.12 per share on revenue, including traffic acquisition and revenue from the company’s Motorola Mobility deal.
“Google standalone had a strong quarter with 21% year-on-year revenue growth, and we launched a bunch of exciting new products at I/O – in particular the Nexus 7 tablet, which has received rave reviews,” said Larry Page, CEO of Google. “This quarter is also special because Motorola is now part of the Google family, and we’re excited about the potential to build great devices for users.”