Linked by Thom Holwerda on Thu 18th Oct 2012 19:19 UTC
Google "Google was scheduled to post third quarter earnings after the bell on Thursday, but unexpectedly they were released around 12:31 PM in New York, revealing a big miss on profit. The company also missed expectations on revenue." I have no idea if the figures are bad, and if so, how bad. I mean, missing analysts' estimates doesn't really say anything useful, does it?
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Who cares about analysts?
by jared_wilkes on Thu 18th Oct 2012 19:54 UTC
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I would say GAAP net income declining 20% y-o-y (regardless of Moto's contribution to this and whatever any analyst states) is pretty objectively bad. Heck, Moto representing 18% of revenue versus 10% of revenue last quarter is objectively bad.

Worst of all, per-click pricing on ads declined 15%. There's virtually zero chance that ad pricing is ever going to move in any other direction but down from here.

Edited 2012-10-18 19:55 UTC

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