DISQUS

DISQUS Hello! Mathew's comments is using DISQUS, a powerful comment system, to manage its comments. Learn more.

Community Page

Jump to original thread »
Author

Google misses - but will it matter?

Started by mathewi · 10 months ago

Google may be working on a version of the Ubuntu Linux OS, as reported by The Register, but maybe it should be spending a bit more time on a good accounting app — it just missed Wall Street’s estimates for both sales and profit for the latest quarter. The stock dropped b ... Continue reading »

4 comments

  • Even assuming that a majority of analysts are craven weasels (just kidding, guys)

    So you should apologise to the weasels. Being compared to stock analysts is a major insult.
  • Good point. I totally take that back -- unfair to the weasels :-)
  • Mathew, what was your view of the way Google spun the results on its conference call? The full transcript is up at
    http://internetstockblog.com/article/6351

    As a google investor, would appreciate your take on this.
  • Stefan:

    As I see it, Google is essentially saying that the difference in their tax rate accounts for the majority of the miss, and as far as I can tell they are right. Expenses actually fell as a percentage of revenue, which is good, and there was substantial revenue growth, which is also good. I think this is more evidence that analysts are having a hard time coming up with forecasts because they get so little guidance -- and apparently Google has said it will start providing more on the tax side at least.

Add New Comment

Returning? Login