The search giant's first-quarter results underscored the fact that even with Android's explosive growth, Google's bread and butter remains its still-fast-growing advertising business, says Morningstar's Rick Summer.
Apple stock analyst Rick Hanna sees Google CEO Eric Schmidt’s resignation from Apple's board as recognition of the firms' growing competition in the mobile phone and software space but does not see Google as a threat to Apple's long-term competitive advantage.
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Good day and welcome everyone to the Google Incorporated Fourth Quarter 2010 Earnings Conference Call. This call is being recorded. At this time, I would like to turn the conference over to Jane Penner, Senior IR Manager. Please go ahead.