Google second-quarter sales growth slowed with online ad sales


Online advertising sales have slowed along with the U.S. economy and it is making an impact at the world's most used Internet search company.

Google (GOOG) reported second quarter profit rose 19 percent, while revenue growth was the slowest since the company sold shares to the public in 2004. Revenue rose three percent to $5.52 billion for the quarter that ended June 30, the company said in a press release. This is the first year Google has seen single-digit sales growth.

Originally published