Google stock stopped trading

[RawAlex]

http://thestreet.com/tech/internet/10265459.html

Seems like Google missed their revenue expectations by a good long way...

The Mountain View, Calif., company made $372 million, or $1.22 a share, up from the year-ago $204 million, or 71 cents a share.

More important, the search giant put its non-GAAP earnings for the quarter ended Dec. 31 at $1.54 a share. Analysts surveyed by Thomson First Call were looking for $1.76. Net revenue, excluding the money Google shares with partners, was in line with estimates at $1.29 billion.

One surprise came on the tax line, where Gooogle had guided for 30% but came in at 31.6% for the year and 41.8% for the latest quarter. The company cited a rise in costs internationally.

Revenue increase but not as much as expected, and expenses (especially taxes) are way up.

Not everything is perfect at googleplex, apparently.

Alex

[MadMax]

"This is a company that's priced for perfection and it didn't deliver perfection today."

Perfection is a hard mark to hit every time. Interesting read, thanks |thumb

[RawAlex]

IMHO, google is going to deliver much less than perfection again in the future, with click fraud eating away at buyers and causing revenues to be less than expected over the long run. You don't have to go far to find companies or individuals who are less than satisfied with the results of and adwords campaign.

Alex

[MadMax]

You don't have to go far to find companies or individuals who are less than satisfied with the results of and adwords campaign

I certainly don't...damned mirrors :D

[Tommy]

After Hours (RT-ECN): 381.95 50.7101 (11.72%)

and droping

[mpahlca]

LOL its a massively over priced stock they don't care what it's at, you could have bought in at 100 sold at 200 and been smiling as you put that money in homedepot or starbucks or coke. Google shares are NON voting means they aren't worth anything you don't have a real stake in the company instead they are nothing more than valuable pieces of eletctronic paper. :)

[Papa]

50$ down now !!?????????????????????????????????

f*ck sh*t f*ck sh*t

[tiger]

GOOG gives zero guidance, so missing or making numbers doesn't mean a whole lot. Most importantly net revenues were up 82%. Thats fine with me. I will keep holding my shares.

[JohnWebcams.com]

time to do some tax planning.. newscorp pays only an average of 6% in taxes because they operate subsidiaries from tax havens.. google should do this instead of everything from the US

[Altheon]

Dam I wish I had sold short. I'd be making a bundle.