Both Google (Alphabet) and Microsoft (Bing) have announced earnings last night and both companies are down over 5% in pre-marketing trading after the news. Google’s ad revenue was up only 4.2%, while Microsoft’s search ad revenue, mostly from Bing, seemed to be up way more, at 16% – year over year.
Google Search ad revenue went from $37,926 to $39,539 (in millions) an increase of 4.25 percent
Microsoft Bing search ad revenue increased 16%
The previous quarter, Google saw their search ad revenue up about 13.5% and before that both Google and Microsoft ad revenue was up 22% each, and the quarter before that, they were both up about 32% each.
So both are slowing with ad revenue growth but Google is growing much more slowly this past quarter.
From the earnings release from Alpahbet/Googel:
From Microsoft:
