its silly google lost its market cap not 13 billion googles total revenue are not more than 4 billion for a quarter and the toal profits were 995 million dollars however there has been atotal slump in share prices across tecno stocks except apple thanks to the iphone
well my statistics were from my bloom berg terminal. i dont think you would have access to it unless you work for a stock trading co or investment bank
Ramotay, i have been trying to put the same point but some people just dont understand the basic concept of market valuation and money
This always happens to companies when their earnings don't meet expectations. The test of a true company is how they respond to a loss like this, and I am sure Google will do fine.
They just spent too much money on datacentes and hiring people, but I don't think, check bounce because they have no money. They ll fix all that soon
Are you guys sure that google lose 13 billion dollars. If it did i think they would have surely taken some strict steps till now.
anyway, when the shares are up 500$, loosing 12 per share isn't a big deal, and it certainly not going to last
Google's stock is overvalued - not because the company is bad, but because they are paying way too large of a premium for the right to ownership. There is no margin of safety. Anytime we have a a 'bubble' like this, prices get way inflated (evident in the companies google purchases) and people in the accounting department get sloppy. Watch GOOG in the long run.
I honestly hope that monopoly of the Internet does not happen. It's nice to have an open cyberspace with choices. That in itself allows for real growth and help the small man..
If everybody is sick of GOOGLE, why won't you start right now to use another search engine?? Whats stopping you...You hate google, then use: MrFind.com. It has better results anyways.
How can someone lost 13 bil per nite? Hmm.. maybe thats why math is never my fav subject.. Anyway, does anyone know how much they make per nite? If they can make couple of billion per nite too then this shouldnt be a big issue.. Cheers! Sha
I believe they still run Youtube, not sure though. But it says they were given 1.65b in Google stock so I was just curious if this affected them