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Google Inc. (NASDAQ: GOOG) reported second-quarter 2013 results after markets closed today. The software behemoth posted adjusted diluted earnings per share (EPS) of $9.56 on revenues of $11.1 billion. In the same period last year the company reported EPS of $10.12 on revenues of $9.61 billion. The consensus estimate called for EPS of $10.78 on revenues of $14.42 billion.

Including traffic acquisition costs (TAC) of $3.01 billion, Google’s revenues totaled $14.11 billion for the quarter.

Paid clicks rose 23% year-over-year and 4% sequentially, while cost-per-click fell 6% year-over-year and 2% sequentially.

Revenue from Google’s Motorola division totaled $998 million, up from $843 million in the second quarter of 2012, but down as a percentage of consolidated revenues, from 8% to 7%.

Operating revenues, on both a GAAP and non-GAAP basis, fell year-over-year, and the Motorola divisions posted a non-GAAP operating loss of $218 million in the second quarter. The Motorola loss was about four times higher than the year-ago loss for the division.

For the full year, Microsoft expects operating expenses to fall to a range of $30.2 to $30.5 billion as a result of the European fine. The company also said its preliminary estimate of operating expenses for fiscal year 2014 is $31.6 to $32.2 billion. The consensus estimate for fourth fiscal quarter EPS is $0.78 on revenues of $21.19 billion. For the fiscal year 2013 EPS is forecast at $2.74 on revenues of $79.28 billion.

The company’s CEO said:

The shift from one screen to multiple screens and mobility creates tremendous opportunity for Google. With more devices, more information, and more activity online than ever, the potential to improve people’s lives even more is immense.

What that has to do with the price of beans is a mystery. Larry Page will no doubt explain it during the conference call.

Total costs and expenses rose from $8.57 billion in the second quarter of 2012 to $10.98 billion this year, with the largest increase in the company’s ‘advertising and other’ category.

Shares are down 4.9% at $866.14 in after-hours trading today. The 52-week range is $576.13 to $928.00. Prior to today’s release Thomson/Reuters had a consensus price target of around $983.30 on the company’s shares.