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Google Earnings Fall Short of Estimates; Shares Drop (bloomberg.com)
5 points by nickb on July 17, 2008 | hide | past | favorite | 3 comments


Analysts expectations were way to high given the current market climate. Google couldn't maintain maintain the price for their stock even with the deal they cut with yahoo. The article made a key point of advertisers allocating their shrinking ad budgets elsewhere and I think this is one of the many factors that influenced the dip in stock price.


HN should ban this kind of FUD.


I think it will drop bit more when Microsoft buys Yahoo's Search, So don't expect next quarter to be good either and here after.




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