Google Parent Alphabet’s Profit Grows 33%

Discussion in 'Wall St. News' started by ajacobson, Oct 26, 2017.

  1. Up over $30 in after hours.
     
  2. dealmaker

    dealmaker

    Google's search domination eroding due to Amazon, apps
    Google's share of search ad revenue is declining and will continue to erode each year, as increased competition from players like Amazon and Apple chip away at the tech titan's stranglehold, according to a new report by Forrester. Digital ad revenue is expected to generate $85 billion this year, nearly half of it from paid search advertising - and most of that, in turn, spent with Google.(Ad Age)