DJ Google CFO: Growth Slowing, And Now Largely Organic
By Riva Richmond
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Google Inc. (GOOG) Chief Executive George Reyes said the Internet giant's growth is slowing due to the "law of large numbers."
The company's 18-month effort to boost search monetization by tweaking the advertising system has realized most of the gains possible. Now growth is being driven mainly by organic factors, like query traffic growth, which he called substantial.
"We're going to have to find other ways to monetize the business," Reyes said, speaking at a Merrill Lynch investor conference Tuesday.
(MORE TO FOLLOW) Dow Jones Newswires
February 28, 2006 10:57 ET (15:57 GMT)
Copyright (c) 2006 Dow Jones & Company, Inc.- - 10 57 AM EST 02-28-06
By Riva Richmond
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Google Inc. (GOOG) Chief Executive George Reyes said the Internet giant's growth is slowing due to the "law of large numbers."
The company's 18-month effort to boost search monetization by tweaking the advertising system has realized most of the gains possible. Now growth is being driven mainly by organic factors, like query traffic growth, which he called substantial.
"We're going to have to find other ways to monetize the business," Reyes said, speaking at a Merrill Lynch investor conference Tuesday.
(MORE TO FOLLOW) Dow Jones Newswires
February 28, 2006 10:57 ET (15:57 GMT)
Copyright (c) 2006 Dow Jones & Company, Inc.- - 10 57 AM EST 02-28-06
