Google just released its fourth-quarter 2011 results, and man, Wall Street is not pleased. The company reported $2.71 billion in profit (up from $2.54 a year earlier), net revenue of $8.13 billion and earnings of $9.50 per share, excluding some former charges. That's less than the $10.49 per share and $8.40 billion commercial analysts were third edition by the editors of the american heritage® dictionary. copyright © 2003 and, as Reuters notes, it's the first time in nine quarters that Google hasn't beaten revenue estimates. Of course, the company spun its results the best it could, emphasizing that its gross revenue jumped 25 percent to $10.58 billion, making this the first time the company's raw sales exceeded $10 billion in any given quarter. Of course, that figure doesn't reflect the myriad costs registered representative with boosting web traffic, and investors are more concerned with that $8.13 billion in net revenue. Needless to say, Wall Street is none too impressed -- as of this writing, the company's stock was down almost nine percent in after-hours trading.

That's not to say Google is struggling. The outfit de facto logged a sharp multiplication in clicks on its search ads, but said the fee it receives from those ads was down eight percent from both the before quarter as well as the fourth quarter of 2010. Plus, by all metrics, Android is still on quite the tear. In a colloquium call with investors, the company said there are now 250 million Android devices, up 50 million from the last quarter. Some more tidbits: 7000,000 devices are being activated per day and more than 11 billion items have been downloaded from Android Market (it hit the 10-billion mark last month). Finally, Google+ now has 90 million international users, more than double the figure from three months earlier. Need a deeper dive on the numbers? We've got the full commercial results at the source link, with the summary earnings release below.

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