Please note that Google's traffic is rising going into Q3, but less then Yahoo!'s. YouTube monetising and margins seams to be way below in order to improve Google's total picture. If industry insider is talking about Yahoo!'s flat Q3 in ads revenue Google will be under pressure to meet this Q3 expectations. EPS expectations are down to 3.74 from 3.75 in last 30 days. Somebody is already "talking down" expectation which is not a good sign particularly after CFO sudden decision about "retirement". It was not very much publicised fact that Google actually missed last Q2 expectation in EPS with actual 3.56 against expected 3.59: negative surprise of -0.8%. It was a clear change of trend with "normal" positive surprises to the upside from the Company. Nobody talking ofcause in Bubble Media about already apparent deteriorating fundamentals and slowing growth in financials results this year:
More on WEB 2.0 Bubble and Google:
No comments:
Post a Comment