Analysts Ask What’s Next for Google - NYTimes.com

Google in transition (e.g., to a bigger emphasis on mobile search and advertising)

"Despite its challenges, Google remains a fast-growing business. Third-quarter revenue increased 20 percent, to $16.5 billion.

And the company is making money in many new kinds of ways. Google reported that “other revenue,” a large portion of which is Google’s Play Store, increased 50 percent from the same quarter of last year, to $1.8 billion. But research-and-development costs have soared, to $2.7 billion from $1.8 billion from the same quarter a year ago."

Analysts Ask What’s Next for Google - NYTimes.com