Google beat analyst expectations by reporting $14.42 billion in revenue for the fourth quarter of 2012, up 36 percent from the previous year, giving Google its first-ever $50 billion year.
"Not a bad achievement in just a decade and a half," Google CEO Larry Page said in a statement. "In today's multi-screen world we face tremendous opportunities as a technology company focused on user benefit. It's an incredibly exciting time to be at Google."
Google generated revenues of $50.18 billion in 2012, up from $37.91 billion in 2011.
Excluding restructuring … Read more