Google's share price falls as advertisers shift to mobile

07/19/2013 | Bloomberg

Google's share price dropped as much as 5.7% in late trading after the Internet search giant reported second-quarter results that showed that growth of its profitability is slowing because of advertisers' and consumers' migration from desktop computers to mobile devices. The $9.56 earnings per share fell short of analysts' $10.80 projection.

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