money.cnn.com— Google Inc. reported fourth-quarter adjusted earnings of $1.41 billion, up from $1.24 billion, or the same period a year ago. This however missed expectations and the stock dropped over $40 after hours
Jan 31, 2008View in Crawl 4
More like "you did better than last year, but not as good as the number I made up for you. You suck."Come *on*, they still had positive growth. Amazing that it's still not good enough for the gamblers.
This is what is wrong with corporate America. How is making $1.24 billion more than the previous quarter considered a failure simply because it was less than a gestimate? The whole "You must continue to increase profits yearly at such and such % or you suck" attitude in corporate culture is unsustainable. Just look at banks... They can only continue to grow by mergers and constant fee increases as they have no other way to grow. Yet if they don't grow then corp culture says they are failing businesses even if they made trillions of dollars in pure profit a year. Google made $1.24 billion more than last quarter... To me that is a good thing. Oh well.. good time to buy google stock anyway before the investors pull their heads out of their butts and realize "Hey this google thing might just work out after all".. Someone has to come up with a better business model. How about "If I made any profit at all after all my expenses then my company is a success.
This is not a "buying opportunity". Investors buy stocks based on their "expectations" of profit and return. Google didn't make those, and a few investors (relative to the overall investment in the company) decided that their money could make MORE money elsewhere. No big deal.This also means that the vast majority of people who did own Google still think that the stock will give them MORE value for their money than other similar investments. So they're staying in.
Children you need to relax. Emotions should not be part of investing, if you let them take over you will lose your money. It is clean that Digg has a lack of business majors from the type of responses here. This is part of the problem with google and apples over inflated stock price, emotional investors with no market knowledge putting their life savings into companies they like. A good company doesn't always mean a good stock.
I have to throw in my two cents, wouldn't it function for the short term investor if they invested in the "image" of a company? If enough people invest in whats the trend of the current time, wouldn't there be money to grab? Take Apple, (granted they make good products, but for arguments sake, assume its only image) they are the trend at the moment, many of their products are over priced and yet their stats show a steady increase.
Their office software has adwords too you know... As do the rest of their programs. Their entire business model is based around supporting exising applications with ads...
zydecoFeb 1, 2008
More like "you did better than last year, but not as good as the number I made up for you. You suck."Come *on*, they still had positive growth. Amazing that it's still not good enough for the gamblers.
knight2001Feb 1, 2008
This is what is wrong with corporate America. How is making $1.24 billion more than the previous quarter considered a failure simply because it was less than a gestimate? The whole "You must continue to increase profits yearly at such and such % or you suck" attitude in corporate culture is unsustainable. Just look at banks... They can only continue to grow by mergers and constant fee increases as they have no other way to grow. Yet if they don't grow then corp culture says they are failing businesses even if they made trillions of dollars in pure profit a year. Google made $1.24 billion more than last quarter... To me that is a good thing. Oh well.. good time to buy google stock anyway before the investors pull their heads out of their butts and realize "Hey this google thing might just work out after all".. Someone has to come up with a better business model. How about "If I made any profit at all after all my expenses then my company is a success.
tkardinalFeb 1, 2008
This is not a "buying opportunity". Investors buy stocks based on their "expectations" of profit and return. Google didn't make those, and a few investors (relative to the overall investment in the company) decided that their money could make MORE money elsewhere. No big deal.This also means that the vast majority of people who did own Google still think that the stock will give them MORE value for their money than other similar investments. So they're staying in.
drenaderFeb 1, 2008
Children you need to relax. Emotions should not be part of investing, if you let them take over you will lose your money. It is clean that Digg has a lack of business majors from the type of responses here. This is part of the problem with google and apples over inflated stock price, emotional investors with no market knowledge putting their life savings into companies they like. A good company doesn't always mean a good stock.
mprasadFeb 1, 2008
I 100% agree, I even heard people blaming the drop on MS's bid on Yahoo! which is idiotic...
moses27Feb 1, 2008
I have to throw in my two cents, wouldn't it function for the short term investor if they invested in the "image" of a company? If enough people invest in whats the trend of the current time, wouldn't there be money to grab? Take Apple, (granted they make good products, but for arguments sake, assume its only image) they are the trend at the moment, many of their products are over priced and yet their stats show a steady increase.
joerwFeb 2, 2008
Fed buying?
anamanamanFeb 2, 2008
Not any with quite such pretty flash stock charts
localzukFeb 2, 2008
Their office software has adwords too you know... As do the rest of their programs. Their entire business model is based around supporting exising applications with ads...
mhmdkhamisJun 29, 2008
Why do some people have such an Apple-esque hard-on for Google anyway? If you own some stock I could see your giving a s**t but why would anybody else? If they burned down tomorrow there are plenty of alternatives. Hell, I don't even use their search engine (but I have used their email as a backup for sometime now) and "wow!" I find things on the net just fine.<a class="user" href="http://xn----ymcae0df5a6fo.com/">http://xn----ymcae0df5a6fo.com/</a><a class="user" href="http://xn--ugb6bax.xn----ymcae0df5a6fo.com/">http://xn--ugb6bax.xn----ymcae0df5a6fo.com/</a>