Google refers to the benefits of activation

Benefits of Google rose less than expected during the period from April to June, raising concerns of slowdown in online advertising market.

Internet giant announced a 35% increase in second quarter net profit of U.S. $ 1.25bn (£ 626m) – slightly below forecasts.

The company said that his company was good, despite the difficult economic conditions.

But investors are used to surpass Google, sent shares at 9.4% to $ 483.67

“This is the first shock is the best company to room and only grow, said Colin Gillis, an analyst at Canaccord Adams.

“The environment”

Google reported 39% increase in revenue to $ 5.37bn in the three months to June 30.

“Strong international growth and steady increase traffic Google Web-properties, we see another strong quarter, despite difficult economic conditions,” said Eric Schmidt, executive director of Google.

The company forecast its debt yields less of their income $ 12.7bn much money as a result of volatile interest rates.

The number of paid clicks on Google and its partners declined 1% compared with the first quarter.

Stanford Group analyst Clayton Moran, he said the evidence “there is a downturn in advertising on the Internet is that the impact on Google”.

Google employee 448 people, even during the quarter – the lowest number of recruits from the fourth quarter of 2004.

adapted from http://news.bbc.co.uk/