Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

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