More NewsMicrosoft’s Online Ad Revenue Up Almost 20 Percent

Microsoft's Online Ad Revenue Up Almost 20 Percent

Yesterday, the company reported that search ad sales on Bing propelled that growth.

Microsoft’s online ad revenue rose 19 percent in Q3 2010. Yesterday, the company reported that search ad sales on Bing propelled that growth.

Microsoft is banking on continued increase in search ad revenue through its partnership with Yahoo. “The Yahoo search partnership implementation is underway and we’re working toward U.S. completion by the end of this calendar year and global completion by early calendar year 2012,” said Peter Klein, Microsoft CFO, during yesterday’s call with investors.

“We continue to be enthused with Bing’s momentum,” said Klein, pointing to “10 consecutive months of share gains in the U.S.” for Bing. Yet, comScore reports that Bing.com search share actually declined slightly between February and March. Bing.com’s share dropped from 9.7 percent in February to 9.6 percent of U.S. searches in March, according to Hitwise. Google grabbed 70 percent of searches, and Yahoo 15 percent in March.

Microsoft also touted its cloud computing-based commercial online services during the call. This week the company launched a set of tools aimed at political and government clients. At an annual conference in Washington D.C. the company unveiled its Campaign Ready tool set. With the move, Microsoft put itself in closer competition with Google in the emerging political and government Web-based software arena. However, while the new Microsoft offering could help the company compete with Google on the political software front, it won’t necessarily help when it comes to an increasingly lucrative arena: online political advertising.

Related Articles

How to measure a multi-channel marketing strategy

Digital Marketing How to measure a multi-channel marketing strategy

2m Tereza Litsa
The future of retail: How IoT is transforming the retail industry

Digital Transformation The future of retail: How IoT is transforming the retail industry

3m Diana Maltseva
GDPR: The role of technology in data compliance

Data & Analytics GDPR: The role of technology in data compliance

10m Clark Boyd
What companies can learn from the We-Vibe lawsuit about the Internet of Things

Legal & Regulatory What companies can learn from the We-Vibe lawsuit about the Internet of Things

1y Al Roberts
Has advertising arrived on Google Home?

Media Has advertising arrived on Google Home?

1y Al Roberts
Target is the top retail digital marketer, so why is it struggling?

Ecommerce Target is the top retail digital marketer, so why is it struggling?

1y Al Roberts
YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

More News YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

1y Al Roberts
YouTube is getting rid of 30-second unskippable pre-roll ads

Ad Industry Metrics YouTube is getting rid of 30-second unskippable pre-roll ads

1y Al Roberts