And then, Omid, the question on app indexing, I think you guys said in November that logged in searches have about 15% coverage in terms of app content. Where is that percentage today and when do you guys think it will be closer to 100%? Thanks.
Patrick Pichette – Senior Vice President & Chief Financial Officer
Ross, let me, it’s Patrick, let me jump in on the first question then I’ll let Omid answer the second.
On the first one, all I wanted to highlight to our investors, shareholders and community at large is you know, as I said 2014 was a year of significant investment growth. I mean, we see real potential in so many areas that are exciting to us and ahm where we see ahm great momentum. That, what I wanted to make sure is that you know our investors continue to understand that you know we will push for growth, but in a disciplined manner. And if things don’t you know materialize in the way that you know you don’t hit your hurdles, you don’t hit your timing, we are actually disciplined to make sure that we we don’t have expenses you know ahead of the curve and and we continue to monitor it quite closely.
So, in that sense ahm you know, if ahm we see conditions change it’s really important that you have the confidence that when we manage you know these investments we do it in the prudent manner right, optimistic, but you know with there’s always a dose of circumspection to make sure that you know you get the best bang for your buck in these rollouts.
And, that’s what I really want to kind of ahm communicate and signal to the street, which is it’s a balance. It’s always about a balance but you know given our situation, given all of the results that we’ve had you know I mean, 18% year over year growth in our sites if you just look at the sites, which is the core of the business growing 18% year over year you know, despite all the FX headwinds, right? It just tells you look you know this is a license to continue to invest smartly in the way we do, but I just want to kind of reaffirm to you that we do it in smart way and a discipline manner. We’re driving forward make sure we don’t waste our shareholders money. So with that, I’ll turn it over to ahm Omid to answer the first question, please.
Omid Kordestani – Chief Business Officer & Special Advisor to the CEO
Yes. Thanks, Ross. So, as as I said in my opening remarks that uhm 15% of signed-in users’ searches on Android now return deep links to apps. Uhm, the way we are focused on this is that we’ve opened up app indexing to all Android developers, so that their apps can appear in searches also linking directly to the right content in the apps. And it really becomes the job between the developers trying to understand intent and how obviously our research works and determining the best results to provide, including the deep links uuhmm we offer this deep linking and search ads as well aahm Booking.com aahm use Google Search Ads to drive installs and reengagement uhm via deep linking for their mobile app, and we’re seeing more and more adoption ahm like this by our advertisers. So, obviously it’s an area we are going to continue making progress on, we are very pleased to the traction we are having and ahm and how mobile monetization ahm is performing. Thank you.
Patrick Pichette – Senior Vice President & Chief Financial Officer
Thanks for your question, Ross. Let’s go to our next question, Jamie, please.
Operator
And we’ll go next to Ben Swinburne with Morgan Stanley.
Benjamin Swinburne – Morgan Stanley
Thank you uhm. Patrick, just going back to return of capital again, there was there’s some news today that there is a potential bill to allow repatriation of cash back to the U.S. at a 6% tax rate, I’m wondering, would that impact, how you and the board would think about return of capital, or is that sort of a completely relevant separate point?
