Oct
26
Google sees growth in third quarter, but headwinds from rivals loom
Posted in: Uncategorized
Google generated advertising revenue of $29 billion in the third quarter, up 18 percent year-over-year. Income, meanwhile, came in at $9.5 billion, up nearly 10 percent when compared to the previous year. Even so, the company continues to get squeezed by payouts to partners such as Apple for making its search engine the default choice within browsers.
Here are four takeaways from today’s Google earning call:
Search isn’t cheap
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