‘Mobile Ad Weakness Deflates Google Shares’ – ‘ReadWrite’
The latest post on ‘ReadWrite’ is titled “Mobile Ad Weakness Deflates Google Shares”.
Brian Proffitt says, “Microsoft isn’t the only one getting smacked around by Wall Street today—Google is getting the stink eye too after reporting their 2Q earnings and missing analysts’ marks, despite a 19% rise in revenue for the quarter.
Google shares were down as much as 5% in after-hour trading following a report of second-quarter net income of $3.23 billion compared with $2.79 billion a year ago. The overall revenue figure came in at $14.1 billion”.
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