Google's 4th quarter earnings numbers for 2008 exceeded expectations and their stock was up by about $13 at one point and the last tick I saw it was holding at up $7 and some change. This should be a positive thing for publishers, right? Business owners may see this as an indicator that that is the best place to advertise. I'm just happy to see a business, any business, show some growth in today's economy. If nothing else it's inspiration that if you are smart, forward thinking and run a tight ship that you can succeed and make a profit.
But there are plenty of online competitors to Google that are not faring so well. By the way, Microsoft's stock took a big hit today.
Today Microsoft announced 5,000 job cuts. Generally this type of news will not cause a stock to go down. It indicates the kind of economy we're in. I own Google stock. My investment is down about 25%.. But I'm sticking with Google for the long run.
Big deal, Google made more money than they predicted. They most likely underestimated just so that stocks can go up when the actual earnings are announced. It doesn't give me any inspiration either. How does the success of a multi-billion company relate to what I do at all? Google only succeeds because of good timing and the willingness to throw money at any problem.
Actually, Google is one of the few companies than never offers 'guidance'. They don't give out earns estimates.. So analysts have to blindly predict the earnings of Google. The analysts are often wrong.
There are many people who would consider themselves very fortunate to own a stock in today's market with only a 25% reduction from the top. I haven't done the research but I would guess that most tech stocks dropped much further than that.
yea thats what i say.... Im an american and so are my family and friends and they could care less if googles here today gone tomorrow as others will come and go Yip its a love & hate relationship what can i say laterz malcolm
That's great news buddy but I think You cant compare Microsoft with Google . They have different other resources too comparing Google.
Actually America is not the only country on this world and Google is world wide that why they are growing and growing.