Tech bytes for tea?

Google reported a net income of US$2.54 billion (or US$7.81 per share) in the quarter ended 31 Dec. This is an increase of 29% from US$1.97 billion (or US$6.13 per share) in the quarter a year earlier.

Profit excluding some items was US$8.75 a share, exceeding the US$8.08 average of estimates compiled by Bloomberg, and exceeding the US$6.79 a share from the quarter a year earlier.

Sales of US$6.37 billion (excluding commissions paid to advertising partners) surpassed the US$6.06 billion average of estimates. This is up from US$4.95 billion from the preceding year.

According to ComScore, Android beat Apple’s iPhone in US smartphone subscribers for the first time in November, accounting for 26% of the market, compared with 25% for Apple. BlackBerry maker Research In Motion continued to lead with 33.5%.

In the search-engine business, Google continues to lead. In December, Google accounted for 66.6% of searches in the US (up from 66.2% in November) compared to a share of 28% (down from 28.2%)  from Microsoft and Yahoo combined. Yahoo began using Microsoft’s Bing technology for its online search in August.

Tags: Android, Apple, Google, Microsoft, RIM, Yahoo

This entry was posted on Friday, January 21st, 2011 at 11:27 am and is filed under Events, Tech news, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.