Google Made Way Less Money This Quarter Than Everyone Thought

Google Made Way Less Money This Quarter Than Everyone Thought


It’s easy to get caught up in the Wall Street expectations game, under whose rules Google just had a disastrous third quarter. But while earnings were down significantly year over year, the company still hauled in over two billion dollars of income on $US14.10 billion of revenue. That’s got to count for something, right?

The release came earlier than expected; Google’s didn’t hold a call to discuss the quarter until 4:30 EDT, and the numbers usually roll out about an hour before that.