Google is doing great, it may make sense to ignore their poor earnings for Q3 2012
19 October 2012

Google is doing great, it may make sense to ignore their poor earnings for Q3 2012

Google’s core business still appears healthy. Mobile ad prices per click are still 30% to 50% lower than desktop clicks.

Following the disappointing and leaked third-quarter earnings, Google saw its shares hammered before trading was halted.

Motorola Mobility, which Google acquired for $12.5 billion in May, clearly is a big drag on the company, ad folks say its core business is just fine. This is a time of transition for this acquired business and patience is needed.