Google wowed analysts and shareholders with its fourth-quarter earnings released on Tuesday. The search engine giant reported consolidated revenues of US$14.42 billion for the quarter ending Dec. 31 — an increase of 36 percent compared with the fourth quarter of 2011. Its GAAP net income, including a net loss from discontinued operations, was $2.89 billion, compared with $2.71 billion in the fourth quarter of 2011. Non-GAAP net income was $3.57 billion, compared with $3.13 billion.
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