Google Inc., owner of the world’s most popular search engine, reported slower profit and sales growth in the first quarter as the recession discouraged users from clicking on ads. Net income climbed 8.9 percent to $1.42 billion, or $4.49 a share, the company said yesterday. Excluding revenue passed on to partner sites, sales were $4.07 billion, compared with the average analyst estimate of $4.1 billion in a Bloomberg survey.The slump in advertising spending led to Google’s first sequential drop in quarterly sales since it went public in 2004. The company is now cutting research, marketing and side projects to cope with the economy, which shrank 6.3 percent last quarter.
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