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pwansly 2 posts  |  Last Activity: Aug 5, 2014 7:52 PM Member since: Feb 3, 2003
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  • pwansly by pwansly Jul 24, 2014 9:07 PM Flag

    Revenue of RMB11.986 in quarter was in-line with their estimates ("ranging from RMB11.820 billion ($1.901 billion) to RMB12.110 billion ($1.948 billion)", bottom line blew past analyst view (Baidu only gives top line guidance), yet they had said this was an investment year. Three times analyst asked what to expect going forward and Baidu reiterated no net income growth in 2014. Something missing in this picture, and why place $1B in notes if all is going so well? (and those thinking money is for war chest, they have placed $1B debt offering every year for the past three years).
    $11B in revenue by 2015, less that $2B net income you do the math.

  • pwansly by pwansly Aug 5, 2014 7:52 PM Flag

    Rumor is the Iron Man will battle Ebola in that true, maybe Yoda can save the avengers??

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