Google Disappoints the Street
It's not the economy, stupid. That was the message from one Google (GOOG) executive after another on Jan. 31 as they tried to explain why the company's fourth-quarter results failed to match Wall Street expectations. "We have not yet seen any negative impact from the rumors of a possible recession," Google CEO Eric Schmidt said during a conference call after the figures were released. "We are quite optimistic about '08, and our model continues to work very well," he added.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Honda Recalls 800,000 Odyssey Minivans Linked to Injuries
- Getting a Dog May Save Your Life, Especially If You’re Single