“On the search side you are correct we lost market share,” Microsoft CFO Chris Liddell said in response to an analyst’s question on the company’s earnings conference call. He said he is “clearly not happy with that.”
While search tries to find footing, Microsoft is happier with the state of their display advertising.
“Clearly there is a better story on the display side,” he said. “We are growing broadly in line with the market…We’re comfortable with the progress we’re making there.”