Google today reported its financial results for the third quarter of 2012, announcing a revenue of $14.10 billion, an increase of 45% from the year-ago quarter. The numbers Google reported were actually lower than analyst expectations, and the financial report was published hours ahead of schedule, which sent Google's stock plummeting and forced a halt of trading.
“We had a strong quarter. Revenue was up 45 percent year-on-year, and, at just fourteen years old, we cleared our first $14 billion revenue quarter,” said Larry Page, CEO of Google. “I am also really excited about the progress we’re making creating a beautifully simple, intuitive Google experience across all devices.”