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Forums - Gaming - Google Earnings

Just for shits and giggles, here are some better known and talked about tech companies which in 2013 would have made you some serious money.

Netflix - 2.7 X return on investment
Sony - 1.93 X return on investment
LinkedIn - 1.8 X return on investment
AMD - 1.74 X return on investment

Two of those companies aren't doing great at all. When it comes to making the most money on stocks, it doesn't matter if a company is doing great, bad, stock price, revenue, profits...

As long as you pick major corporations that can't go bankrupt overnight and you "buy when there is fear and sell when there is glee"...money will be made.

When many people start saying things like "look how good X stock is doing" (google in this case) ...you run. Sell now. Abort!



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Google Plunges on Weak Earnings

EW YORK (TheStreet) -- Google (GOOG_) shares were plunging after-marker trading as the Internet search giant posted second-quarter earnings that missed expectations. Shares were falling 5.2%after closing trading on Thursday at $910.68.

Google earned $9.56 per share on $11.1 billion in revenue, excluding traffic acquisition costs. Including TAC, which Google shares with its partners, the company generated $14.11 billion in revenue for the quarter.

Analysts surveyed by Thomson Reuters were expecting $10.78 per share on $14.42 billion in revenue, including TAC. Excluding TAC, revenues were expected to be $11.33 billion.

 

Costs-per-click (CPC), a key advertising metric, continued to be weak for Google, falling 6% year-over-year, and 2% sequentially. That weighed on results, as investors continue to worry whether mobile ads can ever be monetized at the rate desktop ads are.

"Google had a great quarter with over $14 billion in revenue - up 19% year-on-year," said CEO Larry Page in the press release. "The shift from one screen to multiple screens and mobility creates tremendous opportunity for Google. With more devices, more information, and more activity online than ever, the potential to improve people's lives even more is immense."

The company ended the quarter with $54.4 billion in cash and cash equivalents, up from $50.1 billion at the end of the first quarter. Google had 44,777 full-time employees at the end of the quarter, including 4,599 in Motorola. That's down sharply from the end of the first quarter, when it had 48,721 employees, including 9,982 from Motorola Mobile.

Shares of Google closed the regular session lower, losing 0.86% to $910.68. The stock is moving sharply lower in extended-hours trading, down 5.04% to $864.75 according to Nasdaq.com.

 

http://www.thestreet.com/story/11982221/1/google-plunges-on-weak-earnings.html?cm_ven=RSSFeed&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+tsc%2Ffeeds%2Frss%2Flatest-stories+%28TheStreet.com+Latest+Headlines%29

 

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Probably one of the most epic self owns ever on VGC.



Imagine not having GamePass on your console...

DirtyP2002 said:
dallas said:

Research and Development was 14% of revenue, which is a pretty high number. That's why we hear all about patents from google glass, search, mobile, etc. MSFT might have 10% of monies generated from revenues going to R&D, they just can't spend as much bc of that super high dividend payout ratio. 45% of all of MSFT's profits have to go to a dividend.... R&D for MSFT is going to go down, it has to.  And therefore, eventually MSFT won't be able to patent troll google anymore, so android will become profitable when this happens.

 10% of MS revenue is still more than 14% of Googles revenue.

 

It doesn't matter.  Actually now that the results are out, MSFT researched about 14% of its revenue while google put 13% towards its R&D, however, Google spent waaaayyyyyy  more on acquisitions which carry  a large amount of patents in themselves.  They spent 1.3 billion on acquisitions this year, and last year bought Motorola which also has a huge number of patents.  

 

So its obvious that Google is quickly catching up with respect to its intellectual property, an area that many have contended that google has a weakness in.



Well after all is said and done MSFT is down 11% from its high since they announced earnings while goog is down just 2% from its high. Now I see who the most epic fail title should belong to.