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Google's 17% Profit Not Good Enough for Markets

Search giant comes up short of estimates

By Jonas Oransky, Newser Staff

Posted Jan 31, 2008 4:14 PM CST

(Newser) – Google disappointed investors with its after-hours announcement of a 17% rise in net income, signaling to many that credit woes could be hurting Internet use. The climb to $1.21 billion, or $3.79 per share, from $1.03 billion, or $3.29 a share,... Read full story »

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Google's 17% Profit Not Good Enough for Markets

Search giant comes up short of estimates

Google • Internet • consumer confidence • advertising budgets • search queries

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More Newser Stories

Web Apps Keep Tabs on National Mood

They troll mountains of online data seeking economic indicators

Google Revamps Search With 'Knowledge Graph'

Info boxes will pop up next to your search

Facebook, Google Could Fall Apart

Eric Jackson says the web's top companies never seem to last

Google's Brin: Free Internet in Serious Danger

Sergey Brin sees threat from governments, Hollywood, Facebook

Automakers Pushing 'Connected' Cars

Gizmos proliferate amid concerns on distracted driving

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