Featured Articles

Intel takes credit for three-way 4K gaming

Intel takes credit for three-way 4K gaming

All of a sudden Intel is talking about desktop gaming like there is no tomorrow and it is pushing it. The…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

More...
Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 19 July 2013 07:29

Google earnings fail to impress

Written by Peter Scott

Ad rates still going down, Android going strong

Google missed Wall Street estimates on Thursday, announcing a lacklustre quarter caused by poor ad performance and Motorola restructuring charges. The report pushed its shares down 5 percent in after-hours trading.

It wasn’t all bad news though. Revenues rose 19 percent to $14.1 billion, barely short of estimates. However, profit per share was $9.56, down from $10.12 last year. The main problem appears to have been ads, again.

Mobile ad prices are still dropping and they are already some 40 percent lower than PC ads. Overall ad prices fell 6 percent last quarter and there is no bottom in sight. Google Ads were a staple for many small publishers and bloggers for a decade, but since then the service has become a joke. Many small publishers relying solely on Google Ads can barely generate enough cash to pay their electric bill, let alone hosting.

The earnings call revealed some fresh Android numbers as well. Larry Page said there are some 1.5 million Android activations on a daily basis. More than 50 billion apps have been downloaded from the Play Store and at least that part of the business seems to be doing well.

Google also tried to talk up its non-ad business, which is growing rapidly. Page also mentioned the Moto X, Motorola’s elusive new Google phone which is still vapourware. He told reporters and analysts that they will have a chance to try it out “pretty soon.”

Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments