Google takes a hit as ad sales tumble. But product usage substantially increased. [USA TODAY]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: USA TODAY
CLOSECONNECTTWEETLINKEDINEMAILMOREGoogle reported its weakest revenue growth in nearly five years as the pandemic-driven recession began to shrivel its advertising sales in the first quarter.It's good news/bad news for Google. Ad sales are down, but usage of its products, most notably and YouTube, are substantially up.On a conference call with analysts, Alphabet CEO Sundar Pichai said es for the term "COVID-19" for instance, was "4 times greater," than even the peak of interest during the Super Bowl in January.The January-March earnings for Google parent Alphabet offer a first look at how the digital ad market has fared amid widespread orders requiring consumers to stay at home. Those restrictions have given most advertisers little incentive to market their products and services.(Photo: Google)It’s an incomplete picture because ad demand in most parts of the world wasn’t hit hard until late February and early March. That’s when the coronavirus outbreak accelerated and governments imp
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