Google profits surge on growing ad revenue

The California-based online search titan's profit rose 11 percent in the quarter ended June 30 as consolidated revenue climbed 35 percent to $12.21 billion compared with the same fiscal quarter last year.

"Google standalone had a strong quarter with 21 percent year-on-year revenue growth, and we launched a bunch of exciting new products... in particular the Nexus 7 tablet, which has received rave reviews," said chief executive Larry Page.

"This quarter is also special because Motorola is now part of the Google family, and we're excited about the potential to build great devices for users."

Google's stock price rose to $611.80 in after-hours trade that followed release of the earnings figures.

The company has stated publicly that it intends to allow newly acquired Motorola Mobility to keep its autonomy as it battles in the hotly contested smartphone market.

Google in May completed the $12.9 billion deal last month for Motorola Mobility, a key manufacturer of smartphones and other devices that put the Internet giant in head-to-head competition with Apple.

Google acquires 17,000 patents with the purchase of Motorola Mobility and has been strengthening its patent portfolio in the fight for dominance in the booming smartphone and tablet market.

Motorola Mobility was created in 2011 when US-based Motorola Inc. split the company into two separate entities: a mobile devices unit, and a government and public safety division known as Motorola Solutions.

"We are totally excited about this opportunity we have at Motorola," chief financial officer Patrick Pichette said during an earnings conference call.

"There is palpable excitement," he continued. "Clearly, people should expect some changes at Motorola."

Page did not take part in the conference call as is the usual routine, with executives saying that the Google boss and co-founder was still recovering from a throat problem that left him temporarily unable to speak.

"Larry has lost his voice," said Google chief business officer Nikesh Arora. "That means he cannot do any speaking engagements, including this earnings call, but he continues to run the company.