Today’s special Deal Radar returns to ResellerRatings.com, a company I covered in a 2008 interview with its founder, Scott Wainner. American Canyon, California-based ResellerRatings.com is a platform for consumer ratings and reviews of online retailers. It features 430,000 reviews of 24,000 retailers, and its reviews are syndicated to Google Product Search, Bing Shopping, Google AdWords
It looks as though the recession has finally caught up with Google. Yesterday the search giant announced Q1 results which reflected the troubled economy and more particularly the decline in clients’Â advertising budgets. This post discusses Google’s missed opportunity in verticalization.
Yesterday, Google reported Q2 earnings of $4.63 a share (excluding stock-based compensation costs), missing Wall Street’s expectations of $4.74 EPS. The company reported a weaker-than-expected 35% rise in quarterly net profit, according to Reuters. Google attributes this to lower returns from its cash pile (which is now $12.7 billion), rather than slacking online ad sales.