Google Inc (GOOG) Eric Schmidt, Chief Executive said that the giant Internet search was “absolutely feel the impact of the weak economy, but said that in the first quarter results shows the viability of the business model.

“We look at the economic situation, we are still unexplored, particularly in a field,” he said in a conference call with analysts after it reported first quarter results. Schmidt said that users of Internet search, but they buy less.

Google Inc (GOOG) CFO Pichetto Patrick said that the search of the Internet is huge, with “significant investment” to support their action. “While we are still performance, we are not cutting corners in our growth and continue to fund our business and our growth,” he said in a conference call with analysts after the results reported the first quarter.

Google Financial Pichetto Patrick, said the company expects, in general, slower growth in the second and third quarter because of seasonal patterns, and added that “everyone should be kind of thinking.”

Leaders, their comments on a conference call with analysts after it reported first quarter results. Google today to $ 387.45 in recent trading purposes.

Google Inc (GOOG) Eric Schmidt, Chief Executive said that the piece of YouTube video was “very good progress” in the signature, the content focuses on small, medium and large content providers.

Schmidt noted that, for example, YouTube has signed an agreement with Universal Music. “We are excited about the outside world (es) because it redefines the business model of content and owners of companies like Google,” he said during a call to analysts, having reported first quarter results. He added that the company on the monetization of video advertising on the site. Omid Kordestani, subsequently the role of Schmidt said that “a strong interest from advertisers on the site YouTube.

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