Comments on: Google Announces Q2 Earnings And Stock Plummets

By: Offshore Programming

Offshore Programming — Wed, 09 Sep 2009 09:11:08 +0000

it has good results in2009?

By: This is the time to buy Google stock | Armchair Theorist

This is the time to buy Google stock | Armchair Theorist — Tue, 22 Jul 2008 18:32:46 +0000

[...] I know that Google stock is plummeting daily, after an initial drop last week due to unspectacular 2Q results. Yes, I know that the price has reached under $500 per [...]

By: PhilWil

PhilWil — Sun, 20 Jul 2008 09:40:18 +0000

Ummm the reason why Google’s shares went down like that is because of one reason. P/E ratio is out of control.

I notice that all the numbers and figures you have posted. Companies with high P/E ratios (like Google) are over valued and are usually set to come down eventually.

If a company like Bersher Hathaway run by Warren Buffet can have a share price in the hundred thousand but its P/E ratio is 20, I think a company like Google should be at 17 LOL but its way higher than that.

By: Czar

Czar — Sun, 20 Jul 2008 06:43:33 +0000

Oh, sad news for Google. Poor Google…pitiful Google. Someday you’ll get through with this. Google is still #1 I believe.

By: Symbyo

Symbyo — Sat, 19 Jul 2008 22:45:41 +0000

only in America would a very Profitable company announce profits and lose 12% of its stock price

By: ViralKing Dot Com

ViralKing Dot Com — Sat, 19 Jul 2008 10:38:32 +0000

Yeah this was expected, despite posting record incomes. As people above are saying, that was all factored into the price.

They didn’t miss projections by much though and for a stock to fall 12% just goes to show the volitility in the US market right now…

I WISHED I earned my money in another currency other then USD, living in Europe, this is really hurting me

By: Myspace Chat rooms

Myspace Chat rooms — Fri, 18 Jul 2008 09:03:58 +0000

This is the first time google’s revenues have come in below analysts estimates. I wonder if we’ll begin to see share holders start putting pressure on google to curb their spending on “non-core” projects? I don’t think yet but this may be the begining of that.

By: Google FanBoy

Google FanBoy — Fri, 18 Jul 2008 01:18:11 +0000

sweet! maybe we can now afford homes in Palo Alto and Mountain View without mass overbids from Googlers.

By: Meme

Meme — Fri, 18 Jul 2008 01:17:58 +0000

Indeed. The same thing is happening now to the previously golden Google. You can blame a culture of analysts on Wall Street that idiotically pushes down stock of a very profitable company on the slightest variation from their projection. You can blame it on a culture of dumb hack tech bloggers like Arrington who predict the end of the world for profitable companies like Yahoo (which never lost money in its existence) while pumping up shitty companies that will never make a dime, such as Twitter and Mahalo.

When morons rule the roost irrationality is all we’re left with.

By: sandeep

sandeep — Fri, 18 Jul 2008 00:15:28 +0000

why is this article on TechCrunchIT? I am a little confused with the branding of different TC properties. What does each TC site specialize in?

By: ANOther

ANOther — Fri, 18 Jul 2008 00:14:55 +0000

now we just need voting so we can hide the donks

By: I Told You So

I Told You So — Fri, 18 Jul 2008 00:02:51 +0000

I predicted this many months ago…

I noticed a massive drop in adsense earnings starting around Feb/March. I should have sold short on this. Adsense hasn’t recovered since.

By: David

David — Thu, 17 Jul 2008 23:59:34 +0000

The reason the price was so high is that shareholders were expecting the higher earnings from Google. Google didn’t deliver so the price readjusted for the reduced earnings that Google did announce. I don’t see a problem here. Eventually the price will equalize when the market comes to a consensus (i.e. stable stock price) on what to expect for earnings going forward.

This is how the stock market works in all countries.

By: blog.ulfw.com » Blog Archive » Coincidence AGAIN??

blog.ulfw.com » Blog Archive » Coincidence AGAIN?? — Thu, 17 Jul 2008 23:52:42 +0000

[...] Last time I came back from my (one and only) vacation I took during my Google days, the stock jumped 21% the day I came back. Now that I’ve left the company, the stock is going nowhere but down after not as high-as-expected Q2 earnings announcements. [...]

By: Moe Glitz

Moe Glitz — Thu, 17 Jul 2008 23:46:16 +0000

The vast majority of Google’s earnings comes from its Pay Per Click Web Advertising Model. The Management needs to look at other areas in which to generate key revenue growth. Google Android could be that ‘oil spill’.
But from today Google needs to seriously look at its Google Apps business model and find out ways of making it generate important revenues for the company.

If Microsoft could make huge revenues by providing ‘killer apps’ for the Desktop OS, then Google must repackage their Google Apps ‘free model’ onto ‘paid subscription model’, to provide ‘must have services’ for the Web OS.
Why Google wastes time in releasing nonsense like ‘Lively’, when they should be looking at ways in making Google Apps the ‘must have’ Web OS Service for the Global Business Community. God Only Knows.

By: FUD News

FUD News — Thu, 17 Jul 2008 23:35:54 +0000

This post has been selected for our prestigious news aggregator, FUD News!

http://fudnews.slinkset.com

By: Market Reacts Badly to Google Results « AdViking

Market Reacts Badly to Google Results « AdViking — Thu, 17 Jul 2008 22:48:20 +0000

[...] Reacts Badly to Google Results Google announced Q2 results and the market has reacted badly dropping at time of posting to $493.85 (they opened the day at [...]

By: Nik Cubrilovic

Nik Cubrilovic — Thu, 17 Jul 2008 22:27:13 +0000

greg: there are other ways of making money that dont involve directly buying shares 1 for 1

By: Jimmy

Jimmy — Thu, 17 Jul 2008 22:17:45 +0000

@Joe:
“It’s after the market closed.
Therefore it’s good till tomorrow.
And it’s todays news”

It’s called after-hours trading. There was activity until 6pm ET. The image above is actually out-of-date. Notice the little “After Hours” price under the big price.

By: Sam

Sam — Thu, 17 Jul 2008 22:10:09 +0000

I assume it’s an intentional update, not a hack.

Gotta say that I’m not a fan of the new look, TC team, but maybe it will grow on me. The shaded bars seems to be dividing each name/comment pair, rather than tying them together….

By: Greg

Greg — Thu, 17 Jul 2008 22:04:33 +0000

It’s pretty bad when I see Google below $500 a share, and think “BUY BUY BUY”.

I mean, it’s almost guaranteed to go back up,like when Apple’s stock crashes after a bad keynote, or Amazon when they went down a couple of weeks ago, but $500 a share. I could buy exactly five shares of Google, if I still want to make rent this month.

By: John Wooton

John Wooton — Thu, 17 Jul 2008 21:57:30 +0000

Still 39% above Q2 last year is not bad.

Great comment JGuy

By: Saagar

Saagar — Thu, 17 Jul 2008 21:57:13 +0000

Did someone hack TC or what. What’s with the weird looking comments..

By: TechCrunch Japanese アーカイブ » Google、Q2の収益を発表し株価は急落

TechCrunch Japanese アーカイブ » Google、Q2の収益を発表し株価は急落 — Thu, 17 Jul 2008 21:55:17 +0000

[...] ［原文へ］ [...]

By: BillyJeanIsNotMyLover

BillyJeanIsNotMyLover — Thu, 17 Jul 2008 21:49:48 +0000

wow, this story is really, really good.