Seeking Alpha

Google's (GOOG) acquisition of MMI is of critical importance, argues Goldman, in light of the...

Google's (GOOG) acquisition of MMI is of critical importance, argues Goldman, in light of the company's weak tablet position. Mobile queries only account for 20% of searches right now, but are growing 4x-5x as fast as PC searches, and that means Google's revenue-sharing payments to Apple (AAPL) for Mobile Safari queries are a major threat to its margins - especially given how the iPad dominates tablet web traffic, and tablet browsing is rapidly catching up to smartphone browsing. (also)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs