InfoAnda - Google results fall short, rare miss hurts shares |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Ethan Hawke bares fangs in movie Daybreakers | | 8 January 2010
Haiti carnival turns dark as it returns after quake | 6 March 2011
Samsung asks U.S. panel to ban Kodak camera imports | 18 February 2009

Barroso well placed for second term as EC chief | 19 March 2009

Forum Views () Forum Replies ()

Read more with google mobile : Google results fall short, rare miss hurts shares |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Geraldine Fabrikant Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (2) Slideshow Video Follow Reuters Facebook Twitter RSS YouTube Read South Carolina Democrats unamused by Colbert's ploy 19 Jan 2012 U.S. shuts Megaupload.com, hackers retaliate 12:42am EST Gang members arrested after boasting of murders on Facebook 19 Jan 2012 Megaupload website charged with piracy 19 Jan 2012 UPDATE 3-U.S. shuts Megaupload.com, hackers retaliate 12:39am EST Discussed 123 Romney opens 21-point lead in South Carolina: Reuters/Ipsos poll 110 Obama set to reject Keystone oil pipeline: sources 77 Netanyahu deputy ”disappointed” with Obama on Iran Watched Panic and rescue: Raw video from the cruise ship Wed, Jan 18 2012 Was there a rape on Big Brother? Wed, Jan 18 2012 Diver footage shows cruise ship interior Thu, Jan 19 2012 Google results fall short, rare miss hurts shares Tweet Share this Email Print Related News Instant view: Google misses lofty targets, IBM shines Thu, Jan 19 2012 Analysis & Opinion Samsung’s $41 bln binge may shake Apple’s tree Oracle, Google, and the case of the extra $1 billion Related Topics Tech » Hot Stocks » Asian Markets » Media » Related Video Google lags Q4 forecasts, Intel beats Thu, Jan 19 2012 Is Android really laggy? Video proof says yes. 1 of 2. Inside view of the new headquarters of Google France before its official inauguration in Paris December 6, 2011. Credit: Reuters/Jacques Brinon/Pool By Alexei Oreskovic SAN FRANCISCO | Thu Jan 19, 2012 9:02pm EST SAN FRANCISCO (Reuters) - Google Inc's quarterly results fell short of Wall Street's heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares. The No. 1 Internet search engine underperformed on both revenue and earnings in the fourth quarter, disappointing investors who had counted on record U.S. online-commerce to prop up results. Several analysts zeroed in on an 8 percent drop in cost-per-click, or money paid by marketers to the company for search ads, versus analyst estimates of a slight increase. "The major question is: Is this a one-time thing or is this something that is going to continue because the nature of the business has changed," said Mayuresh Masurekar, an analyst at Colins Stewart. Google executives reeled off a number of figures during the conference call that highlighted the company's progress in newer businesses such as display advertising, mobile and social networking. But the good news did not offset concerns about Google's first year-on-year decline in its CPCs in more than two years, leading to nearly a half-dozen questions from analysts during the call and a terse one-liner from Chief Executive Larry Page who at one point requested that "maybe we can get our next question not about CPCs." Google executives said the decline in search ad rates was primarily due to the impact of foreign currency exchange fluctuations and changes to the company's advertising formats. The new ad formats drove a sharp increase in the total number of clicks by websurfers on Google's search ads - up 34 percent year-on-year - even though some of the format changes impacted prices negatively, Google executives explained. But many analysts wondered whether Google's mobile advertising, which is generally believed to command lower ad rates, played a bigger part in the CPC decline than Google let on. "This was the first time we've seen a decline in CPC rates since 2009," said Needham & Co analyst Kerry Rice. "It's been a long time and the one thing that's really changed about this is mobile." Google's shares dived to about $583 in after-hours trade, from the Nasdaq close of $639.57 before the results. Dave Rolfe, manager of RiverPark-Wedgewood Fund which counts Google as one of its largest holdings, said the stock decline was an "egregious overreaction" by Wall Street and that the declining ad rates did not shake his confidence in the company. "The company tried to clarify it as best as they could, but it's Google and they're not going to give you every little nuance of it," he said. "Google is famous for making improvements for their end-users that have short term negative results," he said. SOCIAL ENGAGEMENT Google is increasingly investing in mobile and social networking initiatives as it positions its business for new technology trends and squares off against rivals Apple and Facebook. Google's business providing graphical display ads is generating revenue at a $5 billion annualized run rate, Page said during the call. That's up from the $2.5 billion run rate in October 2010, the last time Google provided a peek at the display business's financial performance. Google+, the company's recently-launched social network, now has more than 90 million users, compared to 40 million users three months ago. Perhaps more importantly, Google for the first time provided details about how often people actually use Google+. According to the company, 60 percent of Google+ members use the service every day, and 80 percent use it every week. That "engagement" on the social network, which Google hopes can eventually take on Facebook, is key to determining future revenue potential. "Google+ investments are showing some results. They are investing in future revenue growth," said Global Equities Research analyst Trip Chowdhry. Operating expenses increased to 32 percent of revenue during the fourth quarter, from 30 percent of revenue in the year-ago quarter. Google said on Thursday it earned $2.71 billion, or $8.22 per share, in the fourth quarter, compared with $2.54 billion, or $7.81 per share, a year earlier. Excluding certain items, Google earned $9.50 per share, lagging estimates for $10.49 a share. Page, who took over as CEO in April, said the company was making tough choices about where to focus its efforts, pulling the plug on less successful products so that Google can "double down on the really big bets we have made." Wall Street is still uneasy about one of Google's biggest bets: its planned $12.5 billion acquisition of smartphone maker Motorola Mobility Holdings. Investors are worried that Google is entering a lower-margin business in which it has no experience, and that the deal might alienate partners that license Google's Android mobile software. In response to a question on the subject, Page said that he expected Google's relationships with its partners to remain strong once the deal closed, and reiterated that Motorola would be run as a separate company. Google executives said more than 250 million devices powered by Android, Google's freely distributed smartphone operating system, had been activated since its inception. "Android is quite simply mind boggling," said Page. Google's net revenue, which excludes fees shared with partner websites, was $8.13 billion in the fourth quarter, versus $6.37 billion a year earlier. Analysts polled by Thomson Reuters I/B/E/S were looking for $8.4 billion. That shortfall marks an unusual slip-up for a company that has exceeded Wall Street's revenue targets for eight consecutive quarters. (Reporting by Alexei Oreskovic in San Francisco; Editing by Phil Berlowitz, Edwin Chan and Steve Orlofsky) Tech Hot Stocks Asian Markets Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (2) leungsite wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 20 January 2012
Earthquake hits northeast Iran, 100 injured |
Oil rig arrives for Cuba offshore exploration work |
Salvage firms jostle for wrecked Italian liner |
Yemen amends immunity law, Saleh still protected |
Ethiopia sends elders to help release abducted |
Thousands march in Turkey for slain journalist |
Google revenue misses Wall Street targets |
Focus on past glory kept Kodak from digital win |
U.S. accuses website, execs of copyright infringement |
Amazon's India launch may be limited: report |
EU to decide on Google, Motorola Mobility deal Feb 13 |
South Carolina Democrats unamused by Colbert's ploy |
Michelle Obama: From kids TV to late night with Leno |
The Help leads NAACP Image Award nominees |
Sundance opens with eye on broken American dreams |
American Idol debut hits sour note |
Exclusive: Senior al Qaeda figure killed in drone strike |
Syria killings persist as Arab monitors' mandate expires |
Marine tape reaction sets Taliban fighters against commanders |
Iran says scientist's killer may have used U.N. info |
Iran warns region against dangerous stance on Hormuz |
Rescue work on capsized ship suspended after it moves again |
Six foreign troops dead in U.S. helicopter crash in Afghanistan |
Insight: Freed prisoners add momentum, risks to Myanmar reform |
Miracle man to stand for South Korean presidency |
Google results fall short, rare miss hurts shares |
IBM, other tech results point to robust IT demand |
U.S. shuts Megaupload.com, hackers retaliate |
How one Egyptian sold a revolution on the Web |
Verizon Wireless, partners resist Sprint, DirecTV |
Microsoft's Windows battles slack PC sales |
Intel boosts capex, beats tempered expectations |
Sundance opens with eye on broken American dreams |
Paul McCartney blows Kiss to Hollywood |
Willie and the Hand Jive singer Johnny Otis dies at 90 |
The Artist wins big at London Critics' Circle awards |
Man pleads no contest to stalking Halle Berry |
Major powers to say terms for Iran's return to talks |
Six U.S. Marines killed in Afghan helicopter crash |
U.S. Treasury, State officials to travel to Israel |
IAEA rejects Iran accusation over scientist's killing |
Ship sinking after collision in Bosphorus: agent |
France threatens Afghan pullout after troops killed |
Yemen immunity law partially protects Saleh aides |
Google shares slide; analysts stay upbeat |
Vodafone wins India tax battle, shares rise |
Analysis: Europe's telcos no haven with the wolf at the door |
Samsung suffers German court setback in Apple battle |
Sony, Panasonic debt ratings cut on TV losses |
Italian Nanni Moretti to head Cannes jury |
Gay honor killing movie shakes Turkey up |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01