Google suffers several negative firsts in quarter

17.04.2009

Revenue for the first quarter fell to US$5.51 billion, down 3 percent compared to the fourth quarter of last year.

It was Google's worst quarterly performance since the $5.37 billion in revenue it reported in the second quarter last year.

Total advertising revenue, a key metric followed by analysts, fell 3 percent compared to the fourth quarter, its first drop on record.