Google disappoints with 4th quarter earnings

Is the Google financial juggernaut starting to sputter? The Internet giant reported fourth-quarter earnings per share Thursday, excluding stock-option expenses, of $4.43–a penny shy of analysts’ estimates. Including stock expenses of $245 million, the Mountain View, Calif., company reported earnings per share of $3.79.
http://www.forbes.com/technology/2008/01/31/google-earnings-yahoo-tech-inter-cx_wt_0131goog.htmlAd Growth Still Strong, Google Says
Google said it has seen no effect from a slowing economy on its advertising business, as it reported a 17 percent jump in profit and a 51 percent growth in revenue in the fourth quarter.The result represents a slowdown in Google’s growth rate and fell shy of expectations. The company said it remained bullish about its business, regardless of the outlook for the overall economy.
http://www.nytimes.com/2008/02/01/technology/01google.htmlGoogle’s earnings up but just shy of expectations
Despite some market concerns over Google’s growth potential in a slowing economy, the search giant continues to report strong growth, with fourth-quarter revenue up 51 percent over the same period the year before.
http://www.infoworld.com/article/08/01/31/Google-earnings-up-shy-of-expectations_1.html

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