You need to read this

I don’t know what’s going on with google nowadays but I heard some ‘not so good’ news about them. Take a look at this:

Google Inc.’s top executives say all is well at the Internet search leader despite a rare earnings disappointment, but investors are worried something is amiss. Concerns about how the feeble U.S. economy might affect Google contributed to a nearly 20 percent decline in the company’s stock during January.

Now, it looks like February will begin on a sour note. Google shares dropped by more than 6 percent from their Thursday closing price of $564.30 after the company released fourth-quarter results that missed analysts’ expectations.

Precisely what caused the letdown is likely to be a matter of intense debate in the next few days. “There is a lot to scratch my head over about in this (report),” Jackson Securities analyst Brian Bolan said late Thursday. “I might be up all night trying to figure it out.”

Chief Executive Eric Schmidt rebuffed the notion that the economy undercut Google’s growth. (source)

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