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Google reported Q3 2014 earnings today that didn’t quite meet analyst expectations. Sales rose 20% to $16.52 billion in the quarter. Profit was $6.35 a share. Analysts’ expectations were $16.59 billion and profit of $6.54 a share.

“Google had another strong performance this quarter, with revenue up 20% year on year, at $16.5 billion,” said Patrick Pichette, CFO of Google.  “We continue to be excited about the growth in our advertising and emerging businesses.”

It will be interesting to see what Google has to say for themselves when they talk earnings at 4:30.

https://www.youtube.com/watch?v=C_WJFqQx65Y

The call will be live, above.

Press release follows:
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ABI Research analyst Jeff Orr is reporting that Android tablets captured 20% of the iPad’s market share this past year. Orr lists high prices and fragmentation as to why it wasn’t more.

Many vendors have introduced media tablets, but none are separating themselves from the pack to pose a serious threat to Apple. In fact, most have introduced products at prices higher than similarly-configured iPads. Apple, never a company to be waiting for others, has introduced its second-generation iPad media tablet while keeping product pricing unchanged.

If Google and manufacturers can become competitive in pricing, which to their credit we are seeing, and less fragmentation — which Honeycomb seems to be addressing, Android should be off to the races. (via CNet)
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