“Analysts have also said that the uncertainty around Google’s future in China has weighed on its shares. The price target cut comes as Google’s application to renew its webpage license in China is under review,” Nandakumar reports. “Google’s shares have fallen more than 30 percent since the beginning of the year to close at $436.07 on Nasdaq on Tuesday after ending 2009 at $626.75.”
Nandakumar reports, “The brokerage expects Google’s quarterly revenue to decline about $30 million sequentially, affected by its decision to stop selling Nexus One phones online.”
Full article here.
Spanked!
Decline by $30M per quarter? LOL–I think Apple loses that much in the seat cushions each week!
Common sense…sell Google and buy AAPL
Apple has many distinguishable products you can actually touch at multiple price points…and their OS’s, software, etc. is icing on their hardware cake.
History will show just how far ahead they really are…their ducks walk in a perfectly straight line.
血風呂
I probably wouldn’t want Steve Jobs as my neighbor…but he will
later be compared with the likes of Edison, Franklin, Ford, the list goes on…
…all the market numbers prove that I am not just drinking the koolaid
But I thought they canceled it because it was such a huge success…
Apple will be #1 biggest Market Cap USA company by 2011 period!!!!
Momentum and record profit numbers says it all!!!!!!
AAPL stock is Cheap right now!!!!
Buy AAPL the rest are less than #1
… Happy Record Profits & Revenues MacApples
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does anyone know why verizon is switching people from the incredible to some other phone?
$30 million is baseline noise to Google. It certainly is not 11% of their gross or their net. Looks like Mr ANALyst shorted GOOG and wants to make some change from the little guys.
Eric, you are doing a great job. Keep it up. Maybe talk to Ballmer and get a few tips.
I wonder how much money was put into R&D;and sales of the Next to last.
Great information…Thanks
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