Google revenue soars, while G+ network grows to 40 million

NEW YORK (CNNMoney) -- Google reported third-quarter earnings that handily beat estimates, and announced that its three-month-old Google+ social network now has 40 million users.

         That's a big increase from the 10 million users Google+ had at the end of Google's last quarter, when it remained in a "limited" trial phase. The network opened to the public in late September.

In an earnings release late Thursday, Google said it earned $9.72 per share. Analysts polled by Thomson Reuters had forecast earnings of $8.74 per share.

Advertising and profit: Investors are looking to Google's advertising figures as a barometer of the overall economy, and the numbers were good -- though the cost-per-click increase was not as high as it was last quarter.

Spending and hiring: Google is continuing to spend at a quick clip. Capital expenditures totaled $680 million in the third quarter, including investments in Google's massive data 

centers.

Profit rose as both the number of clicks on Google's ads and the amount that advertising partners pay per click increased. Paid clicks rose 28% and cost per click ticked up 5% compared to last year.

But Google has plenty of cash to back up its shopping spree. As of September 30, the company had $42.6 billion on hand.

Google is also continuing to ramp up its hiring. Full-time staffers totaled 31,353 as of September 30, up 9% from the previous quarter.

Motorola:  On Google's earnings call, analysts asked about Google's $12.5 billion acquisition of Motorola Mobility (MMI). The deal was announced in August and, once finalized, will score Google some valuable Motorola patents. Intellectual property is turning into a battlefield among tech giants including Apple (AAPL, Fortune 500) and Microsoft (MSFT, Fortune 500).

When an analyst asked whether Google will license Motorola software to other companies, Google CEO Larry Page said "it would be premature" to discuss details before the deal is approved.

"We're very excited about Android, and we see that ecosystem growing," Page said, adding that the strategy is "getting stronger" -- and the Motorola deal is part of that.

Hyundai Eon Launched - Starts at 2.7 Lacs

Hyundai Motor India Limited (HMIL), the car maker that has to its credit, the coveted titles of being the country’s largest exporter and the second-largest car manufacturer, launched the all-new compact car EON today. The EON has been produced on an altogether different platform that is made exclusively for the rapidly growing Indian market.


Hyundai’s latest introduction can undoubtedly be considered as the most reliable product by the company, owing to its unprecedented style, comfort, utility & economy.  On the eve of the launch of the much-awaited entry level car, H. W. Park, Managing Director & Chief Executive Officer, Hyundai Motor India Limited said, “Hyundai has always led the way when it comes to innovations and with the EON we wish to continue our legacy in India of producing world-class products. EON has been specifically built keeping in mind varied Indian conditions and special requirements of our esteemed Indian customers. The EON will further expand our market share in the fast-growing small car segment in the Indian market.”

South Korean auto giant Hyundai Motor Co has taken the wraps off its entry-level small car Eon at a price range of between Rs 2.69 lakh and Rs 3.71 lakh (ex-showroom Delhi).
Launched in India as a rival to Maruti's best-selling entry-level car, Alto, the 3,495 mm long, 1,550 mm wide and 1,500 tall car comes with 5-speed manual transmission, ground clearance of 170 mm and a fuel capacity of 32 litres.


The company says the 814 cc, 3-cylinder petrol engine car will deliver an ARAI certified mileage of 21.1 kmpl, ahead of 19.7 kmpl and 18 kmpl offered by Maruti Alto and Chevrolet Spark, respectively.
The Eon can produce a maximum power of 56 ps/5500 rpm and a maximum torque of 7.6 kg/4000 rpm, says Hyundai.


As reported earlier by Dailybhaskar.com, the car comes in six variants- Delite, Delite (O), Era, Magna, Magna (O) and Sportz- which will be available at starting prices of Rs 2,69,999, Rs 2,91,869, Rs 3,11,869, Rs 3,36,869, Rs 3,46,869 and Rs 3,71,869. respectively (ex-showroom, New Delhi).
The features of the Eon, which vary across the variants, include air conditioning, 2 DIN Audio with Aux-in and USB ports, MDPS with tilt steering, keyless entry and central locking, power windows, internally adjustable outside mirrors, rear parcel tray, body colour door handles and mirrors and front fog lamps.
The car will be available in five colours namely sleek silver, mushroom, dark grey metallic, pristine blue and maharaja red.

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