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Article updated: 1/23/2013 7:49 AM

Google's 4Q earnings rise despite Motorola woes

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Google eked out slightly higher earnings in the fourth quarter, despite a financial drag caused by the Internet search leader's expansion into device manufacturing and a decline in digital ad prices as more people gaze into the smaller screens of smartphones.

Bloomberg News

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Google eked out slightly higher earnings in the fourth quarter, despite a financial drag caused by the Internet search leader's expansion into device manufacturing and a decline in digital ad prices as more people gaze into the smaller screens of smartphones.The results announced Tuesday pleased investors, helping to lift Google's stock by 5 percent in extended trading.