Google: Lenovo

Lenovo: A widely watched measure, the average "cost per click", was down 9% from a year earlier. , according to BBC. Google sold the smartphone maker to Lenovo in January for close to $3bn, after paying $12.5bn for the firm less than two years ago. Profits were $3.45bn 2.05bn , but investors are preoccupied by Googleas inability to maintain advertising prices. Another weak spot highlighted in the report was the firmas discounted sale of Motorola Mobility to Lenovo. (news.financializer.com). As reported in the news.

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