Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) will start its financial 2014 in earnest on Wednesday when it releases its earnings report for the first quarter of 2014. The accounts are expected to hit after the market closes on Wednesday afternoon. Despite consistent declines in the value of its PC business, analysts are expecting the firm to show solid revenue growth.
In the run up to the announcement, 32 analysts surveyed by Businessweek were expecting the company to show EPS of $6.42 by consensus. Revenue for the first quarter is predicted to hit $15.5 billion by the same group of analysts. In the same three months of 2013 Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) showed revenue of $14 billion, and managed to turn that into earnings of $4.79 per share.
Dov Gertzulin's DG Capital has had a rough start to the year. According to a copy of the firm's second-quarter investor update, which highlights the performance figures for its two main strategies, the flagship value strategy and the concentrated strategy, during the first half of 2022, both funds have underperformed their benchmarks this year. The Read More
Mobile enhancement dominates Google
In the last five years there’s been just one market that Google has concentrated on. Despite its numerous projects in all areas of tech development, Google has spent most of its effort ensuring dominance in mobile. The company has managed to do just that, and Google revenue from mobile is probably the most important number in the company’s quarterly reports.
Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) has managed to show an ability to grow that revenue appreciably in recent quarters, and most of that augmentation has come on the back of the company’s Enhanced Campaigns product.
The service fits together the disparate worlds of mobile and desktop advertising. After an initial period of skepticism Google has managed to draw advertisers into its aggregate program, ensuring they stay with Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) through the mobile transition and adding value to its mobile efforts.
Mobile revenue is expected to make up about 14% of Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) sales during 2014, but as most web traffic moves to mobile, the company is going to have to monetize the smart phone in a much more convincing way. Wednesday’s