Google Inc (GOOG)’s Fourth Quarter 2014 Earnings Conference Call Transcript

Let’s move now to our emerging non-ad businesses. Google for Work had a great quarter, we started working with PwC to help them and the companies they advise used Google for Work to move their businesses to the cloud. Cloud Platform continues to make good progress, we hosted our second Google Cloud Platform live event in November where we announced several new products such as Google Container Engine.

Our digital content businesses are strong. I’m excited about Google Play’s development. Movies are now available in more than the 102 countries, music in 58, and books in 65. It’s growing internationally at unprecedented speed. In December, we partnered with Sony to digitally release The Interview. It has been publicly reported that the film generated over $15 million in its first weekend, and that Google Play and YouTube drove the majority of those sales.

We launched YouTube music key beta a monthly music subscription service that provides ads free music, background play, and offline viewing. This will also include a subscription to Google Play Music with more than 30 million songs, expert queue rated play lists, and more. Our hardware efforts demonstrate momentum just in time for the holidays we launched the Nexus 6, Nexus 9, and Nexus Player devices.

Chromecast continues to be a hit. Just last week, we saw our 1 billionth tap of the cast button. Chromecast usage per device has increased by 60% since launch due to a growing roster of new apps and features. According to NPD retail tracking service, in 2014 Chromecast was the number one selling streaming media device in the U.S. Chromebooks are now available in 33 different markets and enjoying strong success in K-12 education market in the U.S. I continue to be impressed by the work of our marketing teams that they’ve done around the world. The year in search has become an instant classic and YouTube rewind is fast becoming one.

From the Android Be Together Not the Same Campaign to Nest’s first TV ads and much more our marketing team contributed to our success in the all important Q4 to a wide variety of efforts.

That’s the wrap for 2014, and we are excited for what lies ahead in 2015. In closing, I want to thank our great partners, customers, and users, without them, we wouldn’t be successful. Thank you all so much. Now, let’s get back to Patrick for Q&A.