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Tuesday, January 6th, 2009
articles.php?which=GoogleIsMaybePartHuman
Google Maybe Part Human.

In the shadenfreude department, check out this news today from Google: while their profits still rose 35%, their second quarter earnings were below Wall Street forecasts, causing their stock to - gasp - drop. We thought it'd be a cold day in hell before we uttered these words, but it looks like Google may kinda sorta be susceptible to some of the economic troubles facing other companies. Said Google CEO Eric Schmidt in a statement:

"Strong international growth as well as sustained traffic increases on Google's Web properties propelled us to another strong quarter, despite a more challenging economic environment."

Shares fell nearly 10% in after-hours trading after the news was released.

Google

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