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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Google CEO doesn't foresee decline in revenue Wed Mar 4, 2009 10:02pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] SAN FRANCISCO (Reuters) - Google Inc CEO Eric Schmidt said the economic storm will affect all forms of advertising, including the online ads that Google depends on, but said that he doesn't expect Google to experience a decline in revenue. "We don't predict things like that," Schmidt said in a CNBC television interview on Wednesday, when asked if the company's diversity would shield it from the economic slowdown. But, he added, "from my perspective it's hard to imagine why you'd see a decline." Schmidt also said Google continues to look at acquisition opportunities, but said he wasn't sure that prices were at their lows yet, or that the economic slowdown has reached its bottom. Schmidt was speaking from the Wall Street Journal Eco:nomics conference in Santa Barbara, California, where he was scheduled to make a presentation on Wednesday evening. The appearance comes a day after Schmidt raised eyebrows at an investor conference by referring to privately held messaging service Twitter as a "poor man's email system." Asked about speculation that the comments were part of a negotiating tactic by Google in hopes of acquiring Twitter, Schmidt said he didn't want to speculate on buying or selling companies. "We admire Twitter," Schmidt said. (Reporting by Alexei Oreskovic; editing by Richard Chang) © Thomson Reuters 2009 All rights reserved Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Yahoo CEO interested in social networks, search Also On Reuters Full Coverage: The Changing Drug War Commentary: Deterring Future Darfurs Reuters Industry Summit: Travel and Leisure More Technology News Amazon's Kindle e-books now on Apple iPhone, iPod Yahoo CEO interested in social networks, search YouTube and Universal talk on music video site: sources Apple's new Mac desktops offer speed, value | Video EU exec amends Microsoft antitrust monitoring More Technology News... Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video UPDATE 4-Venezuela's Chavez seizes U.S. food giant unit TOPWRAP 2-China ups budget spending; Europe awaits rate cuts Barbara Bush recovering from heart surgery Venezuela's Chavez seizes Cargill unit Common ingredient offers AIDS protection | Video Ford launches major debt restructuring | Video Pakistan detains scores, but no breakthrough on attack | Video WRAPUP 2-China restates growth goal, silent on extra stimulus Pakistan detains scores, but no breakthrough on attack U.S. launches $75 billion mortgage plan to aid homeowners | Video Most Popular Articles RSS Feed Video Wanted: President al-Bashir Talk of the Town - Britney's back Scores dead in Mexico prison riot More drug violence in Mexico Clinton's tough talk Sri Lanka cricketers return home Mexico jail riot Darfur genocide charges possible Business Update:Mortgage band-aid From drugs to fish farming Most Popular Videos RSS Feed Reuters Deals The global destination for corporate leaders, deal-makers and innovators Knowledge to Act Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States 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.

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