Here's a better Link http://investor.google.com/fin_data.html
The stock is down 6.05% and on hold for the moment. |
it will continue to go down..for the time being... |
sell the stock? tell me :) |
Bah, they didn't meet expectations, it's going to fall far
Down 17% as of this post. |
Here's the full conference call transcript – look what they said about donations and the Google foundation – it's not as straightforward as it seems:
http://internetstockblog.com/article/6351 |
From above link (George Reyes, Google Chief Financial Officer):
"As we discussed on our last call during the 4th quarter, we contribute $90 million to the Google Foundation. This was a non-recourse, non-refundable donation and was recorded as an expense in Q4. We do not expect to make further donations to the foundation for the foreseeable future. We do however expect to make equity and other investments in for-profit enterprises that aim to alleviate poverty, improve the environment and achieve other socially or economically progressive objectives. We expect these investments to be made primarily in cash and to be valued at approximately $175 million over the next 3 years." |
Here's a good overview of comments: http://internetstockblog.com/article/6361 |
GOOG recovers a little bit. The stock closed again over 400$ per share, still -7.14% lower than yesterday and after hours trading looks good too: After Hours: 404.27 +2.49 / +0.62%.
For German readers: http://de.internet.com/index.php?id=2040988§ion=Marketing-News
English readers: http://www.itwire.com.au/content/view/3183/53/
These links are a commentary from Richard Holway, director of UK research group Ovum. He says, it's not Googles fault that the shares dropped, the fault lies at the analysts, which "arket analysts still do not know how to value the company and Google is not providing the guidance to help them" |