2014 has been a very critical year for the multibillionaire Google Inc. (NASDAQ:GOOG) The Company saw various ups and downs throughout the year. The internet giant earned revenue of $15,955 million in the first quarter and $16,523 million in the second quarter of the year and is still expected to yield a large amount of dividend at the end of the year.
Apart from the successes Google enjoyed, the company had to make some tough decisions along the way as well. Google has become such a huge part of everyone’s life that it has become a household name; the popularity went to such an extent that the term Google was declared as a verb in the dictionary of Oxford.
The Chief Legal Officer in an interview explained Google’s position as opposed to Apple and Facebook; he said that it is all up to the market to decide what they prefer. He believes that it is not just about innovation; a company needs to have ideas that will help it become successful in the long run.
Google’s search engine has been active for about 12 years now and has earned Google a lot of revenue. Most of revenue it generates is through advertisements. However Google’s strategy has always been to expand its business portfolio. This is when Google decided to invest in a number of other businesses as well. The company apart from providing online search facilities and advertisement opportunities also provides cloud computing, Android and some product based facilities as well. The company also has been involved in a number of acquisitions and mergers as well. It acquired Keyhole, Urchin software, Youtube, double click, Grand Central, On2technologies, Aardvark, agnilux and Earth viewer through which it developed Google Earth. The company has partnered with NASA, Microsoft, Nokia and Ericsson.
The company launched a number of productivity tools and modified them again and again to keep up with the ever changing trends. Apart from search engine facilities Google has also introduced Gmail emailing service, which was a small facility in the beginning but now after expansion you can just use one ID for every Google internet service including the Gmail.
Google’s 2014
Very recently, the company offered its Nexus series phablets as well, which has been a tremendous success for the company in securing huge profits from the market. The Nexus 9, 7 and 10 consisted of various sophisticated technologies and were loved by the customers all over the World. The Nexus was a successful experiment by Google.
Apart from Google appliances, which were introduced in 2002, the Google apps were just another thing loved by the offices and educational oriented customers. The company also developed Android software Lollipop 5.0, which is considered one of the biggest software launches ever by the company. The company has already earned billions of dollars through its Lollipop flagship.
Google glass technology was another great achievement, which may not have received the market response the company wanted, but it showed the innovative edge Google has gained.
The company however also had to face some tough scenarios as well throughout 2014. Some of Google Inc.’s (NASDAQ:GOOGL) subsidiaries were sued in Europe and the company was thrown out of China because of legal restrictions. Thing however later on settled down and Google reentered China.
