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Google has announced its earnings for the second quarter of 2012. It closed the deal on its acquisition of Motorola Mobility this quarter, and that acquisitions assets and liabilities are now on the balance sheet. It was a strong quarter for Google overall, posting 21% year-on-year revenue growth for Google’s own properties, but Motorola racked up a $233 million loss. Despite running at a loss, Motorola netted Google $1.25 billion in revenue. Google’s total quarterly revenue was $12.21 billion, up 35% from Q2 2011, including revenue from Google-owned sites and partner sites not part of the main Google portfolio. Revenues from outside the U.S. accounted for 54% of Google’s quarterly revenue, holding steady from a year ago. Paid clicks increased just 1% over the first quarter of 2012, but that’s up 42% from a year ago. Cost per click increased 1% over last quarter as well, but that’s down 16% from last year. The most interesting number to watch is Googles traffic acquisition cost, which ... More

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