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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RE[2]: Who cares about analysts?
by jared_wilkes on Fri 19th Oct 2012 10:18 UTC in reply to "RE: Who cares about analysts?"
jared_wilkes
Member since:
2011-04-25

No, GOOG doesn't generate 97% of its revenue from ads; it generates 97% of its profits. This qtr Motorola represented 18% of revenue.

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