Google statement - for everyone who missed it

Discussion in 'Google' started by Arnie, Mar 2, 2006.

  1. #1
    Google Press Statement MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 28, 2006 George Reyes, Chief Financial Officer of Google Inc. (NASDAQ:GOOG), participated earlier today in the Merrill Lynch Internet, Advertising, Information, & Education conference. At this conference, Mr. Reyes made remarks regarding, among other things, revenue growth trends and expected sources of revenue growth.
    We would like to clarify and provide further information on these statements. As we have stated before, monetization improvements will continue to be a key factor in driving future revenue growth. We still see significant opportunities to improve monetization and intend to continue to focus our efforts in this area.
    Moreover, as we have stated in our SEC filings, our revenue growth rate has generally declined over time and we expect that it will continue to do so as a result of the difficulty of maintaining growth rates on a percentage basis as our revenues increase to higher levels.
    Safe Harbor Statement
    This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding future revenue growth and opportunities to improve monetization. Actual results may differ materially from our expected results. Factors that could cause actual results to differ from our expectations include competition, our ability to innovate, the growth of the market for internet advertising, our ability to penetrate foreign markets and general economic conditions. More information about potential risk factors is included in our report on Form 10-Q for the quarter ended September 30, 2005, and from time to time in other reports that we file with the SEC.
     
    Arnie, Mar 2, 2006 IP
  2. Dekieon

    Dekieon Peon

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    #2
    Yea, I was reading that the other day on cnn money, and how much google's stock dropped after the statement.
     
    Dekieon, Mar 2, 2006 IP
  3. chachacallis

    chachacallis Well-Known Member

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    #3
    i think they will come back from that drop in stock value.
     
    chachacallis, Mar 4, 2006 IP
  4. Seiya

    Seiya Peon

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    #4
    So that means now is the time to buy stock for those who can afford $400 for a share :p
     
    Seiya, Mar 4, 2006 IP
  5. duclelo

    duclelo Peon

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    #5
    google is slow down now, they have to try the new way of making money
     
    duclelo, Mar 4, 2006 IP