Comments on: Google stumbles with first earnings miss
update Revenue meets analyst expectations at $1.29 billion, but stock gets hammered in after-hours trading.![]()
update Revenue meets analyst expectations at $1.29 billion, but stock gets hammered in after-hours trading.![]()
January 3, 2010 12:20 PM PST
January 3, 2010 12:10 PM PST
January 2, 2010 6:26 PM PST
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While it is the most used search engine out there, and obviously Google make a stack of cash from their adwords thing, it is still just a search engine.
I don't particularly like Microsoft that much, but they do have something in common with Google. They have a search engine too - it isn't used as much, but it pretty much gives the same results. But for some reason a company that also has productivity software on 95% of corporate PCs, a paid for OS on 95% of corporate PCs, development software used by at least 75% of corporate developers (who may also use other software, but they do have Microsoft programming languages and SDKs), as well as gaming software, gaming hardware and peripherals.
So obviously the company that's just a search engine ought to be worth 10 times that of Microsoft - at least that's what these so-called stock market experts were trying to tell us a few weeks back. "Google will reach over $600 by the end of the year - keep buying Google".
To justify this, rumour after rumour keeps rearing up, all of which are BS, usually claiming that Google are about to develop one or more of the items on Microsoft's list of goodies. I found the one about making Google PCs especially funny.
These people are desperate to justify why they have advised the public once again to sink money into something they know nothing about.
What amazes me is after they talked a whole bunch of BS about technology stocks at the end of 90s, and helped so many people lose $1000s, they got to keep their jobs so that once again they're influencing the public to waste more money, advising them to invest in something they know nothing about - "Keep buying Google, it'll be worth over $600 per share by the end of the year"..
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