Google: Could They Have Two Down Rev Years Ahead?

Barron’s: "“Our research indicates that the challenging macro-economic conditions continue to worsen Google’s advertising driven consumer Internet business,” he writes. Chowdhry asserts that “contacts” say the number of keywords sold is down 2%-5%, and that bids on many keywords are down 20%. While Google is benefiting from the shift of ads from offline to online, he says that “the shift is not sufficient to overcome the downward macro-economic pressures.”"