Google's results were lower than expected, the result of the weakening economy hurting advertising revenue, while Microsoft missed forecasts by a penny. Also, Advanced Micro Devices Inc.'s chief executive stepped down after the chip maker posted a wider-than-expected loss. Source : http://finance.yahoo.com/q?s=GOOG
Looks like a nice time to buy. Bear in mind, they haven't tapped into ads on Youtube yet, which is like a super bowl audience every single day.
No one can escape the financial crisis sweeping across the globe however mighty your scrip may be and google is not an exception and the 10% drop might be more due to the effect of the lowered earnings because google stocks somehow defied the economic downturn till now. But the stock market manthra is "Buy at every dip when you consider your stock is very good"
10% is a good sized drop. That’s one reason I would never invest in stock I would hate to see my $ go up and down all the time.