Google's revenue, net income and core advertising revenue each grew 17% in the fourth quarter, compared to the prior year. Ad revenue growth was driven by a 31% increase in clicks on its search ads, though Google's payment per click declined an average of 11%. Google's product-image ads in searches have "great momentum," said Nikesh Arora, Google's chief business officer.
Source: http://online.wsj.com/news/articles/SB10001424052702304428004579353041433992218