Google Inc (GOOGL) EPS, Sales Will Grow By 18% in 2015

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Google Inc (NASDAQ:GOOGL) stock is tumbling and the company seems to have hit the dead end this year. The stock plummeted by no less than 10% in 2014. In an article on CNN, it was reported that overall ads revenue for Google Inc (NASDAQ:GOOGL) is also coming down. It still is the ads juggernaut, with 31% of the total revenue from ads but Facebook seems to be challenging the company by its latest video ads and surge in user growth. All competitors of Google Inc (NASDAQ:GOOGL)  are making their way swiftly in the market.

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Mobile ads revenue is being regarded as the biggest and primary revenue source from the tech companies. Google Inc (NASDAQ:GOOGL) is getting problems in here too. Search engine giant’s mobile ads revenue plummeted from 47% to 40% this year as compared to the last year. Facebook mobile ads revenue saw growth.

The source said that Google is desperately trying to increase its grip on the market with a lot of acquisitions. It acquired Nest, a connected devices startup for $3.3 billion. Google Inc (NASDAQ:GOOGL) is also tapping into the drones and planes industry; it bought Titan Aerospace and Skybox Imaging, but there are no fruitful results from them yet. Google’s mobile partner, Samsung is also getting wiped off because of its low sales and competitors like Apple and Xiaomi.

The source also showed some positive side of Google Inc (NASDAQ:GOOGL). Experts are of the view that Google Inc (NASDAQ:GOOGL)’s acquisitions pay off in long term; Youtube is an example. According to experts, Google Inc (NASDAQ:GOOGL)’s earnings per share and sales will grow by no less than 18% which is pretty impressive for investors.

David Tepper’s Appaloosa Management Lp owns around 600,000 Google Inc (NASDAQ:GOOGL) shares.

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