Friday, February 1, 2008
Google Not Meeting Expectations
Who would have ever thought we would say this, Google did not meet analysts' expectations for the final quarter of 2007. In the final three months of 2007 Google earned $1.21 billion, or $3.79 per share. This is the first time Google's quarterly profit did not rise by more than 25% since the company went public in the summer of 2004. In no way is this a bad thing, Google continues to rise and be a the strongest search engine on the Internet. It will be interesting to see how Google rebounds.