Google Still Hasn’t Found a Way to Master Mobile

By Matt Phillips

April 18, 2013

The numbers: Good. The search giant reported net income for the first quarter of $3.35 billion, up 16% from the prior year. Sales, excluding the costs of payments to partner sites for traffic, amounted to $11.01 billion, up about 35% from the same period last year but a bit shy of the $11.15 billion analysts expected, according to FactSet.

The takeaway: Google still hasn’t mastered mobile. But then again, nobody has. Cost per click—a metric that actually measures the price advertisers pay Google each time their ads are clicked on—decreased roughly 4% versus the first quarter of 2012. That reflects the lower rates that advertisers pay for mobile ads. That followed a 6% year-on-year decline in cost per click that Google reported last quarter. Meanwhile, more and more of Google’s traffic is going mobile.

Read more at Quartz.


By Matt Phillips

April 18, 2013

http://www.govexec.comhttp://www.nextgov.com/mobile/2013/04/google-still-hasnt-found-way-master-mobile/62646/