(Reuters) - Google Inc posted better-than-expected quarterly results from its core Internet business, bolstered by the introduction of new product listings during the important holiday shopping season.
“Click prices are still declining, but it’s better than expected.
“The core business is a great business and the fourth-quarter is always a time for Google to shine. However, Motorola is still losing money and click rates still declined. They only declined 6 percent, but go back four or five quarters and click prices were improving. So mobile is still pressuring click prices.”
Reporting By Atossa Abrahamian, Jennifer Saba and Sinead Carew in New York and Alistair Barr in San Francisco