Nexus 5 hailed as a sales winner, Google pleased with the Nexus program

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nexus-51Bogus rumours claiming that Google would allegedly ditch its Nexus program have taken a hit today. Google CFO Patrick Pichette praised the Nexus on numerous occasions during Google’s fourth quarter earnings report, effectively calling it a “very strong” performer for company – further proving Google’s commitment to the Nexus lineup.

We had great momentum on the Nexus 5 and Chromecast,” noted Pichette. Additionally the company’s CBO Nikesh Arora discussed briefly hardware during the call, pointing to the satisfaction with the Nexus line and with the Nexus 5 in particular. Arora said that Google is seeing “strong interest in Nexus hardware,” and “great reception for Nexus 5,” especially during the holiday sales period.

No actual figures were disclosed but the Chromecast was noted as Google’s best selling product all quarter, the company also stated that the majority were sold via third parties rather on the Play Store. The revenues stacked up may look like nothing compared to Google’s advertising sales but proved to be the company’s most effective fast growing source of revenue.

Google nevertheless managed to earn $16.86B in revenue, up from $14.89B last quarter.

“We ended 2013 with another great quarter of momentum and growth.  Google’s standalone revenue was up 22 percent year on year, at $15.7 billion”, said Larry Page, CEO of Google in a statement today.  ”We made great progress across a wide range of product improvements and business goals.  I’m also very excited about improving people’s lives even more with continued hard work on our user experiences.”

The Verge

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