It's been a rough few weeks for the boys in Mountain View. Even while criticism continues to pour in regarding Google's controversial, ideologically-opposed actions in China (where the company is helping The Man) and at home (where it's fighting The Man) things got worse. Wall Street weighed in Tuesday afternoon, slamming shares nearly 15% after the company announced its fourth-quarter earnings. Those offensive earnings? $372 million - nearly double last year's $204 (though far short of analyst expectations).
Censorship, government subpoenas, soaring earnings and falling stock prices... I hope somebody is making a documentary about this.
Related Stories: | Topics:, Mountain View, Google Inc., China, Stock Performance, Business |
Recent Comments | 2 Total
January 31, 2006 at 6:33pm by Keith Teare
For those who want to hear the actual call, it's here:
http://www.earningscast.com - PodCast of Google Earnings Call
Best
Keith
February 4, 2006 at 3:52am by roger fulton
aw, come on..as if this were not the first time American business had to switch ball fields to gain advantage when they played in different fields...
Everyone is acting as if they had their butterfly wings singed. Let's all get real, it's the market place, China is a two and one half ka-jillion person ball field, everyone knows anyone will do anything to get into it, let's rip off the veneer of tsk-tsk'ing about it and get on with business.
geez...
Roger Fulton
Yuma, Az
http://spaces.msn.com/members/rogerroost/