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Even if they have 5% market pulling out of china is huge. They currently have ~17% market share in China. No profit-making company in their right mind would pul
by pavs 17y ago
Even if they have 5% market pulling out of china is huge. They currently have ~17% market share in China. No profit-making company in their right mind would pull out of country with ~17% market share.
- lallysingh 17y agos/profit-making/profit-centered/
- shard 17y agoIt's a public company's fiduciary duty to act in the best interest of it's stockholders, which in most cases is profit-centered (considering that the major holders of Google are investment funds and groups). It looks like after hours trading of GOOG is trending lower.
- deleted 17y ago[deleted]
- Frazzydee 17y agoReference for 17% market share: http://brainstormtech.blogs.fortune.cnn.com/2009/12/28/google-v-baidu-which-company-will-win-china/ http://brainstormtech.blogs.fortune.cnn.com/2009/12/28/googl...