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Analysts jittery about Google despite higher revenue
Ad rates also up in desktop, mobile searches
Published Fri, Apr 24, 2015 · 09:50 PM
San Francisco
IF YOU wanted to sum up the technology industry's flurry of recent earnings reports, the following would suffice: more mobile, more video. So it was with Google, but it has come at a cost.
During its first-quarter earnings call on Thursday, Google tried to assuage analysts' long-running concern that its growth is slowing because mobile phones are a less lucrative advertising medium than the desktop computers with which the Google empire was built.
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