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Is Google the next victim of the user movement from PC to mobiles?

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Alex
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Is Google the next victim of the user movement from PC to mobiles?

Post by Alex on Thu 18 Oct 2012, 6:40 pm



Source: Yahoo Finance

Net income at the company was down 20 per cent to $2.18bn, while net revenues, excluding traffic acquisition costs, were reported at $11.3bn for the third quarter, well below Wall Street hopes of about $11.9bn. The company, which continues to be weighed down by weakness at the Motorola Mobility hardware business that it bought for $12.5bn, also said its average cost per click - which measures what it earns from advertisers - had declined for the fourth consecutive quarter.


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