Google execs talk about disappointing earnings | CNET

Google execs talk about disappointing earnings

Join CNET for live coverage as CEO Larry Page and other Google execs answer questions from analysts.

  • Roger Cheng 10/18/2012 9:29:15 PM
    Page says Google bought ITA because it needed more travel data, notes it flows through to mobile and PC.
  • Roger Cheng 10/18/2012 9:30:43 PM
    Arora: Excited about full rollout of product listing ads.
  • Paul Sloan 10/18/2012 9:31:00 PM
    Says they have 1 billion products listed.
  • Roger Cheng 10/18/2012 9:31:26 PM
    Arora talks about randomly searching vs. searching with intent, where Google can provide listings and buying info.
  • Roger Cheng 10/18/2012 9:31:55 PM
    A question on closing the gap between desktop and mobile monetization.
  • Paul Sloan 10/18/2012 9:31:56 PM
    Sounds like Google is taking on Amazon, talking about details about products, more than just blue links, right to purchasing.
  • Roger Cheng 10/18/2012 9:32:22 PM
    Page: Won't talk about the future in terms of monetization. He does say he tends to be inpatient.
  • Roger Cheng 10/18/2012 9:32:49 PM
    "We're positioned uniquely well because we have a significant fraction of monetization of mobile, and that's a great start," he says.
  • Roger Cheng 10/18/2012 9:33:19 PM
    "We have a good base there," he says. There isn't a lot that Google has to do.
  • Roger Cheng 10/18/2012 9:33:51 PM
    Mobile until recently has been a relatively small percentage of spend for advertisers, he says. That's no longer the case, he added.
  • Paul Sloan 10/18/2012 9:34:01 PM
    Our ad system requires that brands
    spend time with mobile, says Page, and that spend will start to increase.
  • Roger Cheng 10/18/2012 9:34:09 PM
    Advertisers are making more of an effort to run mobile ads, which benefits Google.
  • Roger Cheng 10/18/2012 9:34:19 PM
    Page says he's not worried about mobile at all, and calls it an opportunity.
  • Paul Sloan 10/18/2012 9:34:32 PM
    Says Google in better position than most other companies.
  • Paul Sloan 10/18/2012 9:34:49 PM
    Page sounds like Zuckerberg in talking about mobile opportunity -- and clearly it's both an opportunity and a challenge for both.
  • Roger Cheng 10/18/2012 9:35:07 PM
    Pichette says travel in retail has been weak in Europe, which isn't a surprise.
  • Roger Cheng 10/18/2012 9:35:21 PM
    Pichette closing up, giving some props out to the Googlers.
  • Roger Cheng 10/18/2012 9:35:36 PM
    Page thanks everyone for listening and closes the call.
  • Paul Sloan 10/18/2012 9:35:40 PM
    Larry is closing with last words. Thanking all.
  • Roger Cheng 10/18/2012 9:35:50 PM
    And that's a wrap!
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