Linked by Thom Holwerda on Thu 18th Oct 2012 19:19 UTC
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Member since:
2011-04-25
I would say GAAP net income declining 20% y-o-y (regardless of Moto's contribution to this and whatever any analyst states) is pretty objectively bad. Heck, Moto representing 18% of revenue versus 10% of revenue last quarter is objectively bad.
Worst of all, per-click pricing on ads declined 15%. There's virtually zero chance that ad pricing is ever going to move in any other direction but down from here.
Edited 2012-10-18 19:55 UTC