Google struggles to boost profit as advertising goes mobile
Photo credit: Getty Images | A Google logo is seen through the windows of Moscone Center in San Francisco during Google's annual developer conference, Google I/O, in San Francisco. (June 28, 2012)
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Google Inc.'s profit and sales are under pressure as the operator of the largest search engine struggles to wring advertising dollars from the growing number of people who surf the Web on tablets and smartphones.
The company yesterday reported third-quarter revenue, minus some items, of $11.3 billion, short of the average estimate for $11.8 billion, according to data compiled by Bloomberg....
