The first quarter of 2009 has been a positive one for Google, which has increased its profits by 8.9% to 1.42 billion dollars. However, the figures are not as good as before: instead of the 42% growth seen last year, this quarter the growth was 6.2%.
Google's turnover in the first quarter was $5.51 billion. Eric Schmidt bc data china said that "users are still searching, but they are buying less. This means that ads are less profitable." Even so, the number of clicks on sponsored links has increased by 17% in this period.
In the face of these figures and the difficult economic situation, Google has decided not to make any acquisitions in order to keep costs down. The acquisition of Twitter is therefore a dead letter. Instead of acquiring it, Schmidt wants to develop partnerships with the microblogging service.
Google's video portal YouTube is also set to enter into partnerships with Hollywood film studios to offer its content on the site, the daily Welt reported . YouTube currently has a partnership agreement with Walt Disney.