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Google Feel Disappointing Earnings

Here is hot news about Google from the San Francisco resumed from the Yahoo News. The news said that Google Inc. shares plunged nearly 10 Friday after the Internet search leader’s second-quarter earnings missed analyst’s expectations. Management said economic turmoil in the United States and parts of Europe appears to be causing consumers to click less frequently on the ads that generate virtually all its profits.

That unnerved already jittery investors, although Google managers said they expect the Mountain View-based company will thrive even if the economy weakens further. Google’s stock price dropped $52.12, or 9.8 percent, to finish at $481.32, leaving it below $500 for the first time in three months.

Speculation based on my opinion is first because of the economic condition because of the economic turn moil. Or may be it is because of they are getting too tight policy against all bloggers and site writers who have been dealt with paid review, something which more profitable than google adsense advantages. Right or not, true or false it is depending on yourself readers, if you want to check the original news, you can go directly to this site.

Tags: economic turn moil, Google earning drops

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