More anymore the voodoo non-GAAP number becomes less significant. The non-GAAP as relevant to performance and investor value is nothing but a scam by the WS SHYSTERS. Google earned $7 period. Apple will overtake this when they reportjune quarter results.
While the selloff may be excessive, margin pressures at Google are real and the company needs to show it can continue to grow top-line revenue while maintaining high levels of profitability. Also, I don't understand why Google doesn't feel the need charge a modest licensing fee to handset and tablet manufacturers who use the Android OS. Why give Android away entirely for free? That's what I call leaving money on the table.
below the 200 day mavg????...You're NUTS!.......this is a momentum market....GOOG is now an under-performer...it will be dumped....Buy all you want....you'll have no problem having your bids hit.
With the debt ceiling debate on the front burner tomorrow, i wouldn't want to position myself with a loser going into an uncertain weekend.
Then again, mebbe congress is tired of giving a damn about the deficit, like goog is tired of making gains for anybody but the bigs. PPS is the same as 2-1/2 years ago. You know how long theyve been above 450? And they are claiming to be positioning into a mass-market consumer co? like he11. they're elite and if they split it's a cynical attemt to shut up ppl and box in the regulators.
agreed. this selloff is way overblown. options were expecting a 6% move either way so that's what's likely causing this.
they beat nicely on rev's. the earnings miss is to invest in growth which is what you want. and ad clicks were up which is 90% of the biz.
buyers should come in soon.