Google faced lofty expectations for its fourth-quarter earnings and the company missed badly by posting earnings of $12.01 per share on revenues of $13.60 billion. The consensus expectation for Google's Q4 2013 earnings had been a $12.26 EPS on revenues of $16.75 billion. Google stunned the tech world earlier this week when it announced that it was dumping its Motorola Mobility division onto Lenovo for just $2.9 billion, or a nearly $10 billion less than it originally paid for the company. Google faced a lot of pressure to deliver on its Q4 earnings after both Microsoft and Apple beat expectations and delivered strong earnings over the holiday quarter.
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Google’s Q4 profit spikes 17%, but badly misses estimates