Ron Burgundy Posted July 28, 2016 Share Posted July 28, 2016 Alphabet Inc, Google's parent, posted a 21.3 percent increase in second-quarter revenue, exceeding analysts' expectations, as the tech giant continued to nudge its vast advertising business toward mobile and capitalized on the boom in video. The sharp revenue growth suggests that Google is successfully navigating the high-stakes transition from desktop to mobile advertising, said Colin Gillis, an analyst with BGC Partners. Advertisers typically pay less for user clicks on mobile ads than on desktop ads, Google's traditional strength, but the strong earnings performance suggest that is beginning to change, he said. View the full article Quote Link to comment Share on other sites More sharing options...
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