Looks like February will begin on a sour note for Google!!!!

Just checked out in newspapers as well as on many online news services that Google's earnings miss raises worries

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Google Inc.'s top executives say all is well at the Internet search leader despite a rare earnings disappointment, but investors are worried something is amiss. Concerns about how the feeble U.S. economy might affect Google contributed to a nearly 20 percent decline in the company's stock during January.

Now, it looks like February will begin on a sour note. Google shares dropped by more than 6 percent from their Thursday closing price of $564.30 after the company released fourth-quarter results that missed analysts' expectations.

Precisely what caused the letdown is likely to be a matter of intense debate in the next few days. "There is a lot to scratch my head over about in this (report)," Jackson Securities analyst Brian Bolan said late Thursday. "I might be up all night trying to figure it out."

Chief Executive Eric Schmidt rebuffed the notion that the economy undercut Google's growth. "I am happy to say we have not seen a negative impact from the rumors of a future recession," Schmidt told analysts in a conference call. Company co-founder Sergey Brin said in an interview that the company hasn't seen evidence of the recent economic turmoil affecting its business. "I'm very happy with things," Brin said. "I think things are going really well."

Google earned $1.21 billion, or $3.79 per share, during the final three months of 2007. That's a 17 percent improvement over net income of $1.03 billion, or $3.29 per share, in the same period a year earlier.

It's the first time Google's quarterly profit has climbed by less than 25 percent since the Mountain View-based company went public nearly 3 1/2 years ago. If not for stock awards given to its employees, Google said it would have made $4.43 per share -- a penny below the average estimate among analysts polled by Thomson Financial.

Read further at :
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http://www.businessweek.com/ap/financialnews/D8UHCAEO0.htm
http://www.breitbart.com/article.php?id=D8UHCACO0&show_article=1&catnum=7
http://www.bharatbook.com/news/Google-Earnings-Miss-Raises-Worries.asp
http://news.yahoo.com/s/ap/20080201/ap_on_hi_te/earns_google;_ylt=A0WTUeGWz6JHf8UA2gBU.3QA

Is it true ????

 

Google is loosing money. What would happen to my adsense earning

 

Google is a huge company but if the american economy is so unstable, we can expect on some nasty things.

 

do u think google will recover soon?

 

Don't be so sure about that. The one thing that can be guaranteed is that GOOG will drop below $500 @ share on Monday, how low it's going to go is anybody's guess but I'm expecting $450 by the end of next week.

If you've been watching my calls since December and playing GOOG like I am you'd all be in the money.

 

Im' still waiting for Yahoo to be the first thing listed on this forum, not G.

 

i dont think that will effect so much to google. google has become a company like a goverment

 

I believe - fear of the economy going into recession is one of the many factors that effected its bottomline. Still there is improvement.
What other factors might be effecting is- the awareness among internet surfers about AdSense. I also believe, in few years time, the percentage of their revenue earnings from AdSense will go down.

 

I hope YPN gets better with microsoft

 

They need to act now! or within 2010 they'll be dethrowned! they'll be complately demolished!

 

They just got a very high expectations. That's it.
It's not like they lost market share or something like this.

 

the market is looking for any excuse to sell off stocks..its nothing new and in no way represents the money GG is making

 

Well you got to remember, what's the first thing that company's cut when things start getting hard?

Advertising...

I reckon businesses will start to cut how much they spend and start lowering their bid prices..

 

this is unfortunately often very true. however the companies that survive and even prosper during downturns are usually the ones that raise their advertising spend during harder times.

a downturn is the perfect time to attack client share as your competitors all cut back profile and spend. the recession can actually help savvy businesses take their competitors out