Friday, May 9, 2008, 9:47PM ET - U.S. Markets Closed.
Google had 515 million U.S. paid clicks in February, which is up only 3 percent year over year, according to comScore. However, the data did not adjust for the Leap Year (29 days versus 28), so this likely accounted for the entire gain, writes Henry Blodget of Silicon Alley Insider.
The data is the latest bid of bad news hitting the previously impervious search giant. But is all this priced into the stock? Henry and Aaron sit down with Paul Hickey of Bespoke Investment Group to hash out the numbers.
Plus, analysts are mixed on the meaning of the new Google click data, writes Joseph Wiesenthal of paidContent.org.
When the "financial health" of a company depends upon whether or not there's an exra leap-year day in February, you know that the "analysts" are off somewhere in never-never-land. he stock market's all about paper, with the t/e P/E of virtually every stock equal to a figure greater than one. These fools are playing with paper purchasing the paper in hopes that the price will rise, though you also have those healthy cynics out there who bet on futures. Te United States ha de-industrialized, soit's stocks (and currency) are sinking to the level of reality...the United States is broke, and even a war can't extricate it as it did in 1941 because it has virtually no productive forces remaining. The United States is like a dying old lady on her deathbed. Isn't it high time that th American working class pulls the plug on granny?
When the "financial health" of a company depends upon whether or not there's an exra leap-year day in February, you know that the "analysts" are off somewhere in never-never-land. he stock market's all about paper, with the t/e P/E of virtually every stock equal to a figure greater than one. These fools are playing with paper purchasing the paper in hopes that the price will rise, though you also have those healthy cynics out there who bet on futures. Te United States ha de-industrialized, soit's stocks (and currency) are sinking to the level of reality...the United States is broke, and even a war can't extricate it as it did in 1941 because it has virtually no productive forces remaining. The United States is like a dying old lady on her deathbed. Isn't it high time that th American working class pulls the plug on granny?
ok, ok, it was funny for a while -but, it's just not cool when these journalists or whatever they are keep showing how terribly incompetent they are with math. So, according to this article, 1 extra day in the year (365 vs. 366) equates to 3%. Interesting. My calculator shows roughly .2% (that's point 2 for the journalists that aren't proofreading). Now, journalism was among the least demanding fields of study at my old college too, but come on -this is 3rd grade math we're talking about. The LA Times did it yesterday too with saying that home sales dropped 26% in February -when it was actually 26% from February '07 to February '08 (1 year compared to 1 month)
i use google almost exclusively, yahoo has a corrupt system that i believe is a scam. it was a much better systemm when they were not afraid to show the highest bid. Google has a paid click system that shows you just where you are compared to the the other advertisers. yahoo doesn't want you to know. my company profits are way down this year also so google is not alone.
Joe, what is 1 divided by 28? yup 3% They were talking about February, not the whole year.
remember this story is on YAHOO Finance, not Google Finance...so, of course their will be journalistic embellishment that paint the story of Google falling off their perch. Just wait until Yahoo announces next earnings and Google AND Microsoft are laughing ALL THE WAY TO THE BANK!
Personally, i don't have a dog in this race -but, Google's Adwords is way ahead of the competition in way of their API so that folks can automatically connect to the adwords system & post ads. Yahoo has been having trouble handling basic email (they were not prepared to do unlimited email), takes a long time to get paid ads approved, has lagging functionality as they've rushed to "ajax-ify" their UI as opposed to providing better underlying functionality, can't seem to keep their overture pricing & monthly searches feature up, and doesn't have a clean & simple way to show users how to do bulk uploads of ads (which is where the money is at anyways. MSN, on the other hand, is smart enough to show that they know you are probably running ads with Google and simply show you an easy way to export your entire Google campaign to run on their AdCenter (much less work for MSN, but a very effective approach). For the most part, folks are not going to spend less with Google, they will just ad campaigns on Yahoo & MSN once these guys get better & more savvy -but paid search & the measurable results that come with it are not going anywhere. In fact, the slowdown of revenue, if anything, has probably more to do with the fact that Google has stopped doing ad revenue sharing with folks using them as a provider for doing ads on landing pages for empty domains. Of course, looking into that may require some research...
Joe, They are comparing paid clicks in Feb 08 to Feb 07. There were 28 days in Feb 07 and 29 days in Feb 08. That is 3% more days and 3% more clicks - just in February, not the whole year.
yes 1 divided by 28 is about 3.5% so accounting for leap year, they are pretty even maybe even down a bit. Joe you may need an editor just for your comments. Anyways this data does not take into effect the cost per click, which I believe has gone up. I believe that there are more and more advertisers using Google Adwords everyday increasing competition and click prices. But it seems that Googles inventory is staying pretty much the same. More and more people are going to Google everyday, but also everyday the searcher becomes more savey and moves to organic results instead of sponsored results.
There are a lot of people with many opinions but the Joe who wrote the passage I have included below is right on the money. Google has stopped many types of Affiliate marketing and cut the revenues from Adsense, I know, Google gave my ex business partner over a million dollars for some great arbitrage work. They stopped his account in December last year. I’m working with many countries outside of the states where the many of the verticals have no competitors at all, the potential is enormous and with the dollar as low as it is then it will only improve. A little research is all that is needed to find out why all this happening. The passage from Joe I have reprinted is so spot on you can tell he is spending big bucks and knows more than these imbeciles commentating that change their mind depending on the day of the week. Be cool,don't freak out and sell, Google still is a good company. Personally, i don't have a dog in this race -but, Google's Adwords is way ahead of the competition in way of their API so that folks can automatically connect to the adwords system & post ads. Yahoo has been having trouble handling basic email (they were not prepared to do unlimited email), takes a long time to get paid ads approved, has lagging functionality as they've rushed to "ajax-ify" their UI as opposed to providing better underlying functionality, can't seem to keep their overture pricing & monthly searches feature up, and doesn't have a clean & simple way to show users how to do bulk uploads of ads (which is where the money is at anyways. MSN, on the other hand, is smart enough to show that they know you are probably running ads with Google and simply show you an easy way to export your entire Google campaign to run on their AdCenter (much less work for MSN, but a very effective approach). For the most part, folks are not going to spend less with Google, they will just ad campaigns on Yahoo & MSN once these guys get better & more savvy -but paid search & the measurable results that come with it are not going anywhere. In fact, the slowdown of revenue, if anything, has probably more to do with the fact that Google has stopped doing ad revenue sharing with folks using them as a provider for doing ads on landing pages for empty domains. Of course, looking into that may require some research...
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poohah1 - Thursday March 27, 2008 01:11PM EDT
Well its pretty funny, I spend about 2 million a year on Google and I just seem to be spending more each year. I don't know where the slow down is coming from but its definately not from me. Yahoo I spend about 100,000, a year, terrible systems and terrrible usability. The should pay Jakob Nielson 1 million dollars for a weeks work and they would impove out of sight.