Datamation Logo

Google’s Page Stung as Ad-Price Decline Means Results Miss

January 20, 2012
Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More .

Bloomberg BusinessWeek: Google’s quarterly results failed to meet analysts’ expectations, leading to a swift decline in the company’s stock price. Google reported revenue of $8.13 billion, which fell short of the expected $8.41 billion. Similarly, the $9.50 profit per share also did not meet expectations of $10.50 per share. “Google looks more mortal this quarter,” said Colin Gillis, analyst at BGC Partners LP in New York. “A lot of what Larry Page is doing is a lot more tolerable to investors when the business is firing on all cylinders.”

Observers say much of the blame for the disappointing results should fall to ad prices, which declined 8 percent during the quarter. Ad sales in Europe were particularly weak.

  SEE ALL
ARTICLES
 

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Datamation Logo

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.

Advertisers

Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.

Advertise with Us

Our Brands


Privacy Policy Terms & Conditions About Contact Advertise California - Do Not Sell My Information

Property of TechnologyAdvice.
© 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.