It doesn't look so bad to me. They're reporting on the rate of growth of the revenue; not just the revenue. If you want to look at it positively, the chart pr

It doesn't look so bad to me. They're reporting on the rate of growth of the revenue; not just the revenue. If you want to look at it positively, the chart provided shows that online advertising revenues have not fallen for at least the last 5 quarters... not something you could say about a lot of markets. While it's true that the increase between Q3'07 and Q4'07 is not as large as in '08, revenues are still going up.