"One of the key reason for the slow growth was due to the change in Ad products and slow YouTube growth. Additionally, in a mobile-first world the advertisement revenue from PC is likely to decline. Google's other business, which includes hardware, also missed expectations due to the decline in Pixel sales. There are some positive indicators which can drive revenue in coming quarters. This includes Google Play's growth in APAC, strong initial momentum for home speaker lineup, refreshed Pixel line up at new price points, new monetization opportunities in Maps, and across Google's other bets."- Tarun Pathak