Google Q1 earnings

Discussion in 'Apple, Inc and Tech Industry' started by benzslrpee, Apr 15, 2011.

  1. benzslrpee macrumors 6502

    benzslrpee

    Joined:
    Jan 1, 2007
    #1
    beastly revenue but lower than expect EPS. all eyes on Page now.
     
  2. *LTD* macrumors G4

    *LTD*

    Joined:
    Feb 5, 2009
    Location:
    Canada
    #2
    Mostly bad news:

    http://www.moneycontrol.com/news/in...ble-after-earnings-miss-estimates_536410.html

    http://www.istockanalyst.com/financ...ings-expenses-jump-rated-hold-by-istock-scans

    http://news.google.ca/news/story?hl...sult&ct=more-results&resnum=1&ved=0CCUQqgIwAA

    YoY growth was pathetic. It's pretty clear that the Android strategy isn't one of revenue growth but one of revenue preservation. When was the last time Apple missed estimates?

    Then again what can you expect when they're giving away a beta OS and relying on ad revenue?

    Their priorities dictate their performance. As with any other tech outfit. Their whole "open" platform is total bogus in terms of creating value.
     
  3. maflynn Moderator

    maflynn

    Staff Member

    Joined:
    May 3, 2009
    Location:
    Boston
    #3
    Wow that's a stretch even for you and your blind fanboyism
    Straight from one of your linked stories
    How can you say that their growth is pathetic when they made billions more this quarter then last year's? Its up nearly 30% :rolleyes:

    Yes, they didn't profit as much as some expected, but they made a large profit so that's far from what you postulate
     
  4. benzslrpee thread starter macrumors 6502

    benzslrpee

    Joined:
    Jan 1, 2007
    #4
    agreed. ~%30 increase in revenues for a company of Google's size is solid performance fanboy or not.

    i'm more interested in Page's development. he already did a mini re-org, cut product lines, set a unified direction for the company and ruffled the feathers of some institutional investors... all within a couple months of being CEO.

    from this point on it seems Google will shed some of that start-up mentality that's driven their success. it'll all come down on Page and his team to manage the public's perception of the company's future... should be pretty fascinating to observe.

    are they going to be like Jerry Yang or Jobs/Gates :D
     
  5. hcho3 macrumors 68030

    Joined:
    May 13, 2010
    #5
    He just became CEO like what... 2 weeks? We can talk again after a year or two. Google is a strong company to hold your stocks for... just saying.
     

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