As Google Changes, Its Revenue Keeps Rising
Posted in: Miscellaneous at 21/07/2012 15:12
Google wants the world to know that it has grown into a new identity -- it is a mobile company now. The financial report it issued Thursday reflects the growing pains that have accompanied the transformation.
Advertising, Google's main business, does not always make as much money on phones as it does on computers, and the price that advertisers pay for clicks on Google ads has decreased 16 percent since last year. And Motorola Mobility, the mobile device maker that Google now owns, is losing money.
http://www.nytimes.com/2012/07/20/technology/google-continues-growth-and-growing-pains.html
