Google has sold about 1 Million tablets Nexus 7 in the 3rd quarter

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Google’s Nexus 7

According to the analyst, the company Google in the third quarter of this year is likely to sell between 800 thousand to 1 million of its tablet Nexus 7 worldwide.

 

This conclusion Gene Munster (Gene Munster), an authoritative analyst firm Piper Jaffray, made on the basis of the financial statements of the Internet giant over this period. Thus, data on income from sales of Nexus 7 were reported in “Other income”. This section includes the $ 666 million in revenue against the target of $ 385 million during the same quarter a year earlier.

Google Nexus 7 Tablet

Google Nexus 7 Tablet

“We believe that the rate of” other income “in the Google of $ 666 million to evaluate the number of sold Nexus 7 in the third quarter in the amount of 800 thousand to 1 million units. Net proceeds from the sale of Nexus 7, according to our estimates, were range from 2.5% to 4.7%, “- said in the note Munster.

Recall that in its financial report for the third quarter of this year, Google has published figures disappointed investors. Thus, the profit of the Internet giant for the period amounted to only $ 2.18 billion, or $ 6.53 per share, versus EBITDA of $ 2.73 billion for the same period a year earlier. Google revenues less the cost of traffic amounted to $ 11.33 billion, or $ 9.03 per share. Analysts had expected a profit of at least $ 10.65 per share and revenue of $ 11.86 billion

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