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Google Announces Q1 Earnings, Beats Analyst Estimates But Shares Drop

3 pointsby hiteshiitkabout 15 years ago

2 comments

marcamillionabout 15 years ago
They actually don't beat analysts estimate.<p>Some analysts were way too bullish:<p>'April 15 (Bloomberg) -- Google Inc. reported first-quarter profit that fell short of some analysts’ estimates after it increased spending to enter new markets and maintain its lead in online search advertising.<p>The company’s first-quarter performance failed to meet expectations lifted when Intel Corp., a barometer of technology spending, forecast a surge in sales and record profit margins.'<p><a href="http://www.bloomberg.com/apps/news?pid=20601010&#38;sid=a3lWulcHAw70" rel="nofollow">http://www.bloomberg.com/apps/news?pid=20601010&#38;sid=a3lW...</a>
samratjpabout 15 years ago
"Thoughts on shipping the tablet: We’re really delighted by Chrome pickup rate. In terms of Tablets. Last year with Chrome OS we said we are working to have a netbook in the fall."<p>I am willing to misinterpret netbook as an internet device that operates like a book. In other words, where is that mythical Android tablet from Google?