Google postponed: the American technological giant, like when it was also registered by its rival Microsoft, has devaded market expectations, achieving a lower result than Wall Street's expectations and consequently collapsing in the after-hours trading of the New York Stock Exchange.
The Mountain View home from April to June of this year, however, recorded a 20% increase in revenue, to 14,11 billion dollars, compared to 22% in the previous two quarters. Revenues totaled $11,1 billion ($9,56 per share), versus $11,4 billion expected by analysts, or $10,78 per share.
In any case, these data are lower than expected, which rekindle the concerns raised several times at Google, those on the impact that the development of mobile devices – such as smartphones and tablets – has on the prices of online advertising. The result is that in after-hours trading, the group's shares tumbled 5%.
