Summary of the Article
In his report, Sheridan examines several areas of concern for Google, including mobile ads, Web search ads, display ads and European regulatory …
Google (NASDAQ:GOOGL) faces more competition from Apple, Facebook and others in online ads, but the company is not in danger of losing its lead.
That’s the conclusion from Eric Sheridan, an analyst for UBS Securities, in a research report released late Monday.
“Over the past few months, investors have become increasingly concerned about Google’s positioning in the worlds of digital advertising and mobile computing given the rising/sustained strength of companies such as Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB),” he wrote.
first published: 2015-03-02 18:33:45