Here's my summary of Google's 1Q'14 results.
1Q'14 free cash flow was $2.05 billion and this is the lowest its been since 4Q'10. I've been tracking Google's quarterly results since 4Q'08.] Capital expenditures were $2.35 billion, which was a record quarterly high. [During the last 12 months Google's capital expenditures have totaled $850 billion.] Google ended 1Q'14 with $59.38 billion in "cash." During 1Q'14 Google added 2,488 Googlers (i.e. employees). Google's effective tax rate for 1Q'14 was 18%.
GOOG and GOOGL closed 02014.04.16 at $556.54 and $563.90, respectively. In pre-market trading on 02014.04.17, GOOG and GOOGL are down 1.2% and 1.8%, respectively. [Note: Google was down almost 5% after reporting 1Q'14 results.]
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