Friday, April 19, 2013

Google Sales Miss Estimates as Ad Fees Per Click Fall

Google Inc. (GOOG), owner of the world’s most popular Internet search engine, reported profit that topped analysts’ estimates as advertisers increased spending on mobile and video promotions. First-quarter profit, excluding some items, was $11.58 a share, Google said today in a statement. Analysts had projected $10.68 per share, according to data compiled by Bloomberg. Read more...