GOOG: A Follow Up On Google's Third-Quarter Results

A Follow Up On Google's Third-Quarter Results
by Valuentum

During Google's (GOOG) earnings conference call CEO Larry Page, despite a hoarse voice, sounded excited about several initiatives going forward, including expanding mobile ad spend by advertisers. The firm continues to make incremental improvements to search, which may save market share, but the changes haven't been able to slow the shift to mobile search. Google continues to spend hundreds of millions of dollars on research and development on projects like Google Fiber and self-driving cars, which may drive growth in the future but have weighed on near-term profitability. read more »

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