GOOGLE blows away earnings, $800+ into next week. Trending in EPS: one miss, then BIG blow out.
Google, has a tendency to miss one, and then next EPS is a blow out. This Quarter should be a blowout. Look at the trend for past 8-10 EPS reports. They like to keep increasing thier Earnings and cash, and make new investments in between. Goggle whould have new targets of $900 to $950 coming, where today some are at $850.
And the reason?: I'll lend one. Starting October 2012, Google started charging for previously free "product listing" ads. Just in time for holiday shopping. This is going to be a revenue spike that is not really being talked about.