By Jonathan Davies
Google's profits were up nearly 30% to $4.76bn (£3.16bn) in the fourth quarter, despite missing revenue expectations.
The internet giant reported a 15% rise in revenue to $18bn - the same as Apple's profits for the same period. Google did say that a further $541m would've been added to revenues if not for unfavourably foreign exchanges rates.
Figures suggested that Google is struggling to raise the price of its mobile ads, with cost-per-click falling 3%.
Market experts are understood to be concerned about Google's ability to capitalise on the movement towards mobile, believing its mobile business is not as strong as its desktop search business.
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