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Google's profits were nearly flat since this time last year, yet they're up 25%.
by millstone 14y ago
Google's profits were nearly flat since this time last year, yet they're up 25%.
- gdilla 14y agoRight. Isn't stock also an indication of future performance expectation (at least in some part)?
- aetherson 14y agoIt's ENTIRELY an indication of future performance expectation.
- arcticfox 14y agoOver the past year, Apple has shown (slight) vulnerability, whereas Google has looked like an even more formidable competitor moving forward
- _Simon 14y agoWhat is this assumption based on?
- robryan 14y agoIt is probably as simple as Google beat expectations while Apple missed expectations, these expectations being priced into the share price before the announcement. The share prices are now just correcting based on the actual results.