Google bangkrupt ?

Discussion in 'Google' started by gadiez, Jan 24, 2009.

  1. #1
    I read news google laying off 100 employees. Google also cut off the contractor and the decline in the annual prize giving employees. How about adsense ? Is it efect crisis global ?
     
    gadiez, Jan 24, 2009 IP
  2. techguy09

    techguy09 Peon

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    #2
    Nothing goes up in a straight line - Every company will experience bumpy roads.
     
    techguy09, Jan 24, 2009 IP
  3. malcolm1

    malcolm1 Prominent Member

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    #3
    Hello...

    yea i heard they are going to cut back on Lights & AC this summer also :p

    They are hardly bankrupt and only cutting back what dont make them money

    laterz
    malcolm
     
    malcolm1, Jan 24, 2009 IP
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  4. hermione_dies

    hermione_dies Peon

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    #4
    Decline in profits != bankrupt. Stop with the sensationalist titles
     
    hermione_dies, Jan 24, 2009 IP
  5. cool_78

    cool_78 Guest

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    #5
    They are just cutting back cost, I doubt they will go bankrupt.
     
    cool_78, Jan 24, 2009 IP
  6. jezzz

    jezzz Notable Member

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    #6
    Yeah! I also dont think so that Google will go Bankrupt! unless Google is known as for leading Companies in the world
     
    jezzz, Jan 24, 2009 IP
  7. schockergd

    schockergd Peon

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    #7
    I guess you don't pay attention to the news....

    http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=BWK&date=20090122&id=9540527

    "Sales rose 18%, to $5.7 billion, a considerable slowing of growth from previous quarters but still seen as positive in the current economy. "It was a very good quarter at a time when [Wall] Street was starting to penalize the company for the economy," says Sandeep Aggarwal, an analyst with financial-services firm Collins Stewart. After subtracting commissions paid to partners for sending traffic to Google, sales rose 21%, to $4.22 billion, about $100 million more than analysts expected. "
     
    schockergd, Jan 24, 2009 IP
  8. Jihoy

    Jihoy Well-Known Member

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    #8
    Google is just slowing down in growth, EPS per share beats estimate by $0.15. Growth rate in EPS is expected to be 17.96% per annum for the next 5 years. I don't call that bankrupt. It's just that the Google empire isn't expanding as much as it was before. But still, Wall Street was impressed, and bid up their by $18.2 per share. I say they are doing great relative to others. But still, I wouldn't be loading up the truck on Google stock just yet.
     
    Jihoy, Jan 24, 2009 IP
  9. godinu

    godinu Peon

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    #9
    google is probably doing better than most co's these days!
     
    godinu, Jan 24, 2009 IP
  10. simstar

    simstar Peon

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    #10
    Yes an important point, the fourth quarter results from Google are good, not amazing but good for the current economic situation that many countries are in at the moment.

    Google is not going bankrupt, unless there is a huge undercover scam similar to the scale of enron. Think of the chances of that happening with the firm we rely upon? Yes very slim.

    100 employees is also not that significant compared to some cuts I have read about in the US and UK with automobile manufacturers. I would stop worrying, Adsense has been here for a while and should be here for a while longer!
     
    simstar, Jan 24, 2009 IP
  11. wisdomtool

    wisdomtool Moderator Staff

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    #11
    Take a look at their financial statements and their balance sheets as well as the assets versus liabilities. It may save you from some embarrassment of posting such a thread here.


     
    wisdomtool, Jan 24, 2009 IP
  12. Maximizationator

    Maximizationator Peon

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    #12
    They're probably just trying to raise their medium IQ.
     
    Maximizationator, Jan 24, 2009 IP
  13. brandonrayford25

    brandonrayford25 Peon

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    #13
    Exactly, I don't think Google will ever go bankrupt. There may be a possibility, but that is a very slight one.
     
    brandonrayford25, Jan 24, 2009 IP
  14. usmanzali

    usmanzali Well-Known Member

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    #14
    Google bangkrupt, they won't go bang rupt!
    They started charging there employees for coming to work tats how BANG RUPT! they r!

    lol
     
    usmanzali, Jan 24, 2009 IP
  15. Phynder

    Phynder Well-Known Member

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    #15
    Morally bankrupt?
     
    Phynder, Jan 24, 2009 IP
  16. simstar

    simstar Peon

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    #16
    The majority of businesses over time do go bankrupt/out of business. It is very hard for firms to make the transition from one radical technological innovation to the next. This has been analyzed over the past 200 years.

    I studied this in detail and had to do a presentation regarding this matter, it ranges from the light bulb to computer processors. Firms over a long period struggle to cope with the next generation of technology. This is a 'radical' change not just adjustments to existing technology. Google is just like any other large firm before, very few make it.

    This however is irrelevant to the first thread which suggested google may be going bankrupt now, well they are not now and not for a long time I would imagine. Who knows when the next big thing will come along, were looking at decades away rather than next month btw :p
     
    simstar, Jan 24, 2009 IP
  17. dairyman

    dairyman Notable Member

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    #17
    The chances of Google going bankrupt is very slim though they do have the effect of recession biting and bringing down the profit. It is normal in any business to lay off employees as a fire fighting measure to reduce the operating cost at the time of lull in the business activity...
     
    dairyman, Jan 24, 2009 IP
  18. Toshi123

    Toshi123 Peon

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    #18
    it might not so soon, maybe in next 20 or 30 years from now :D

    who'll knows!?
     
    Toshi123, Jan 24, 2009 IP
  19. alifahru

    alifahru Peon

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    #19
    google bangkrupt.... are you joke.. :) we know google is establise entreprize... but everything can be...
     
    alifahru, Jan 24, 2009 IP
  20. William 

    William  Guest

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    #20
    I highly doubt that they will go bankrupt.
    At this time I honestly would imagine it's just them trying to cut back on costs after all of their "recent" purchases like Youtube, etc.
    But hey, anything is possible.
     
    William , Jan 24, 2009 IP