Google (GOOG) Reports 1Q'13 Results

Google (GOOG) reported 1Q'13 results after the market closed. Here's the press release: Google Inc. Announces First Quarter 2013 Results . My take: Google ended 1Q'13 with $50.1 billion in "cash" and free cash flow during 1Q'13 was $2.43 billion. Google's capital expenditures during 1Q'13 were $1.2 billion. Google's effective tax rate was only 8%, which helped net profits. Google ended 1Q'13 with 53,891 workers (38,739 Googlers).

GOOG closed yesterday at $765.91, almost 10% below its 52-week/all-time high of $844.00. GOOG was up slightly in pre-market trading.

Quoting Google's CEO Larry Page: "We are working hard and investing in our products that aim to improve billions of people's lives all around the world."