Google profits up but revenue misses expectations

Friday, 30 January 2015 - 14:26

Internet giant Google reported fourth-quarter profits of 4.76 billion dollars, up nearly 30% from the same period a year before, but revenue missed Wall Street expectations.

The company's revenue, increased by 15% to 18 billion dollars - nearly the same amount as Apple's profit last quarter.

Google shares dipped nearly 2% in trading after markets had closed, but recovered later in the evening.