Name: Microsoft's search revenue decline could spell bad news for Google
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Microsoft's search revenue decline could spell bad news for Google

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Key PointsMicrosoft is forecasting a continued slowdown in its search ad revenue, which could spell bad news for Google parent-company , which reports its earnings on Thursday.&nbsp;'s latest results across the board, but the company saw a 10% year-over-year drop in search advertising revenue, and reported continued decrease for its guidance for the next quarter, according to its it released Tuesday. For the December quarter, Microsoft CFO Amy Hood said "in search excluding TAC, we expect revenue to decline in the mid to high single digit range" during a call with Microsoft investors Tuesday. That suggests a decline of 7% to 9%.Google's search engine is much more widely used than Microsoft's Bing, but the companies have shown similar trends in search advertising revenues.Last , Microsoft's search advertising revenue, excluding traffic acquisition costs, decreased 18% as customers spent less on ads.That to Alphabet reporting its first year-over-year quarterly ever.Specifically, Google's Q2 revenue from search and other on-site ads (minus YouTube) about 10% from the year-ago quarter, from $23.64 billion to $21.32 billion. (Revenue from YouTube advertisements,&nbsp;which it began breaking out separately this year, grew from $3.6 billion to $3.81 billion.)Prior to that, Microsoft's search advertising revenue, excluding traffic acquisition costs, increased 1% in the quarter that ended Mar. 31, which overlapped with the beginning of the pandemic.That quarter, Alphabet a 9% increase in revenue from search and other (minus YouTube) revenue, which jumped from $22.54 billion in 2019 to $24.50 billion in 2020.Related TagsGot a confidential news tip? We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services.&nbsp;© 2020 CNBC LLC. All Rights Reserved. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.Data also provided by

Key PointsMicrosoft is forecasting a continued slowdown in its search ad revenue, which could spell bad news for Google parent-company , which reports its earnings on Thursday.&nbsp;'s latest results across the board, but the company saw a 10% year-over-year drop in search advertising revenue, and reported continued decrease for its guidance for the next quarter, according to its it released Tuesday. For the December quarter, Microsoft CFO Amy Hood said "in search excluding TAC, we expect revenue to decline in the mid to high single digit range" during a call with Microsoft investors...

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Microsoft's search revenue decline could spell bad news for Google

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