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Google Announces Q1 Earnings, Beats Analyst Estimates But Shares Drop
- samratjp 17y ago"Thoughts on shipping the tablet: We’re really delighted by Chrome pickup rate. In terms of Tablets. Last year with Chrome OS we said we are working to have a netbook in the fall." I am willing to misinterpret netbook as an internet device that operates like a book. In other words, where is that mythical Android tablet from Google?
- marcamillion 17y agoThey actually don't beat analysts estimate. Some analysts were way too bullish: 'April 15 (Bloomberg) -- Google Inc. reported first-quarter profit that fell short of some analysts’ estimates after it increased spending to enter new markets and maintain its lead in online search advertising. The company’s first-quarter performance failed to meet expectations lifted when Intel Corp., a barometer of technology spending, forecast a surge in sales and record profit margins.' http://www.bloomberg.com/apps/news?pid=20601010&sid=a3lWulcHAw70 http://www.bloomberg.com/apps/news?pid=20601010&sid=a3lW...