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Google Surprise Results Stun Street; Shares Dive


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[size=5][color=#000000][font=arial, helvetica, sans](Reuters) - Google Inc stunned Wall Street on Thursday with a significant miss on both revenue and [url="http://www.reuters.com/finance/earnings"]earnings[/url], wiping 9 percent off the market value of the Internet search and advertising leader.[/font][/color][/size][/size][color=#000000][font=arial, helvetica, sans][size=4]
[size=5]The company, which recently overtook Microsoft Corp to become the second-largest U.S. technology company by capitalization, surprised investors by releasing its results ahead of the market close, perhaps inadvertently.[/size][/size][/font][/color][color=#000000][font=arial, helvetica, sans][size=4]
[size=5]Google, which has been struggling to turn around a loss-making Motorola Mobility it bought for $12.5 billion, reported a 20 percent dive in net income to $2.18 billion. Excluding certain items, it earned $9.03 a share, vastly underperforming the $10.65 analysts had expected, on average.[/size][/size][/font][/color][color=#000000][font=arial, helvetica, sans][size=4]
[size=5]It reported net revenue - excluding traffic acquisition costs - of $11.3 billion for the third quarter, below Wall Street's expectations for about $11.9 billion.[/size][/size][/font][/color][color=#000000][font=arial, helvetica, sans][size=4]
[size=5]The surprise announcement, which had been expected after the market close, helped push its shares down 9 percent to $687.30. (Reporting by Edwin Chan in San Francisco; Editing by Bernard Orr)[/size][/size][/font][/color]
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[size=5]Source: [url="http://www.reuters.com/article/2012/10/18/net-us-google-results-idUSBRE89H14Q20121018"]http://www.reuters.com/article/2012/10/18/net-us-google-results-idUSBRE89H14Q20121018[/url][/size][/size][/font][/color]
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:3D_Smiles: :3D_Smiles: :3D_Smiles:[/size][/font][/color]

Posted

[quote name='ChittiNaidu' timestamp='1350581460' post='1302650818']
@3$% expected...
[/quote]

how expected chesevu??? nenu google stock follow avatam chala rojulu aindhi, asalu adhi last check cheseenapudu around 700 entho vundhi, 780 kee nenu :3D_Smiles: :3D_Smiles: :3D_Smiles: , oka summary evu chitti

Posted

malli bounce back authundhi %$#$ need not be concerned

Posted

[quote name='ChittiNaidu' timestamp='1350581460' post='1302650818']
@3$% expected...
[/quote]

sollu idhi

Posted

[quote name='Silence..Please' timestamp='1350582167' post='1302650920']
malli bounce back authundhi %$#$ need not be concerned
[/quote]

thats a given, kanee evarkina reason telusa asalu adhi 780 kee ela veleindhi???

Posted

[quote name='aragorn' timestamp='1350582027' post='1302650899']
how expected chesevu??? nenu google stock follow avatam chala rojulu aindhi, asalu adhi last check cheseenapudu around 700 entho vundhi, 780 kee nenu :3D_Smiles: :3D_Smiles: :3D_Smiles: , oka summary evu chitti
[/quote]


Motorolla Mobility effect...and konni accquisitiion to balance sheet bokka padindi....ante nothing to get concerned..

Posted

[quote name='ChittiNaidu' timestamp='1350581460' post='1302650818']
@3$% expected...
[/quote]

assalu reuters , bloomburg , morningstar lanti pedda pedda pandithu cheyalendi kuda nuvvu easy gaa expect chesi padesthavu gaaa .... oka vella Google revenue 25% increase ayyi shares 10% perigiuna same

" @3$% expected..." eee naaa ???? how this yaaaaa [img]http://lh5.ggpht.com/-m0p9arS3PE4/TelqHVdq_FI/AAAAAAAACsI/P9XANWdEVz0/Genius.gif[/img]

Posted

[quote name='ZuniorVentiyar' timestamp='1350582426' post='1302650958']

assalu reuters , bloomburg , morningstar lanti pedda pedda pandithu cheyalendi kuda nuvvu easy gaa expect chesi padesthavu gaaa .... oka vella Google revenue 25% increase ayyi shares 10% perigiuna same

" @3$% expected..." eee naaa ???? how this yaaaaa [img]http://lh5.ggpht.com/-m0p9arS3PE4/TelqHVdq_FI/AAAAAAAACsI/P9XANWdEVz0/Genius.gif[/img]
[/quote]

@gr33d @gr33d

Posted

[quote name='ZuniorVentiyar' timestamp='1350582426' post='1302650958']

assalu reuters , bloomburg , morningstar lanti pedda pedda pandithu cheyalendi kuda nuvvu easy gaa expect chesi padesthavu gaaa .... oka vella Google revenue 25% increase ayyi shares 10% perigiuna same

" @3$% expected..." eee naaa ???? how this yaaaaa [img]http://lh5.ggpht.com/-m0p9arS3PE4/TelqHVdq_FI/AAAAAAAACsI/P9XANWdEVz0/Genius.gif[/img]
[/quote]


monna vadu Apple case appealing nunchi withdraw chesinappudu doubt vachindi..

a tarvata reports vachi..Motoroal Mobility enta varaku use avutundi google ki ane dani pai...refer articles on WSJ...oka 2 -3 weeks back...

i am not saying i guuessed it right market share lo 9% nakestadi ani..but a slowback in its revenue was expected anna...

Posted

[quote name='ChittiNaidu' timestamp='1350582661' post='1302650992']


monna vadu Apple case appealing nunchi withdraw chesinappudu doubt vachindi..

a tarvata reports vachi..Motoroal Mobility enta varaku use avutundi google ki ane dani pai...refer articles on WSJ...oka 2 -3 weeks back...

i am not saying i guuessed it right market share lo 9% nakestadi ani..but a slowback in its revenue was expected anna...
[/quote]


ohh that aaa neenu this anukunaaa [img]http://lh5.ggpht.com/-m0p9arS3PE4/TelqHVdq_FI/AAAAAAAACsI/P9XANWdEVz0/Genius.gif[/img]

Posted

[quote name='ChittiNaidu' timestamp='1350582661' post='1302650992']


monna vadu Apple case appealing nunchi withdraw chesinappudu doubt vachindi..

a tarvata reports vachi..Motoroal Mobility enta varaku use avutundi google ki ane dani pai...refer articles on WSJ...oka 2 -3 weeks back...

i am not saying i guuessed it right market share lo 9% nakestadi ani..but a slowback in its revenue was expected anna...
[/quote]
motorola revenue accounted for 18% of total google revenue which was only 10% last quater....so motorola is not a problem...

Posted

[quote name='Bithiriseenu' timestamp='1350582987' post='1302651031']
motorola revenue accounted for 18% of total google revenue which was only 10% last quater....so motorola is not a problem...
[/quote]


google has to work on utilizing it properly before it turns into a Liability rather than asset....


that is the talk...

Posted

[quote name='ChittiNaidu' timestamp='1350583263' post='1302651077']


google has to work on utilizing it properly before it turns into a Liability rather than asset....


that is the talk...
[/quote]

thats y they today cut 1058 FT jobs of motorola.....and also revenue up by 45% only income is less compared to last quater....so except for operating costs......google is in great shape....

Posted

[quote name='Bithiriseenu' timestamp='1350583669' post='1302651143']

thats y they today cut 1058 FT jobs of motorola.....and also revenue up by 45% only income is less compared to last quater....[size=7]so except for operating costs[/size].....[color=#008000][size=7].google is in great shape....[/size][/color]
[/quote]


[quote name='ChittiNaidu' timestamp='1350582405' post='1302650956']


Motorolla Mobility effect...and [b][size=7]konni accquisitiions to balance sheet bokka padindi..[/size][/b]..[color=#008000][size=7]ante nothing to get concerned..[/size][/color]
[/quote]

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