Ron Burgundy Posted October 16, 2014 Share Posted October 16, 2014 By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. The total number of ads, or paid clicks, expanded by 17 percent in the third quarter. That was down from the 25 percent growth rate that Google delivered in the second quarter. But online advertising rates, which have been mired in a multi-year decline, moderated slightly in the third quarter, declining 2 percent year-on-year. ... View the full article Quote Link to comment Share on other sites More sharing options...
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