Will Economy Stop Google?
A WSJ piece this morning predicts that Google “may soon hit a speed bump” and not due to any flaw in their income from their services and ads but more due to the fact that economy isn’t likely to treat them as good as it used to.
According to the article, Google, which has over $10 Billion stashed in the bank, and which earned $290.3 Million in interest income so far this year, isn’t going to see such good return as interest isn’t likely to grow in such rate next year.
[more on Yahoo Finance]
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Google Stock in 2007, Not Even for Fools » Search Engine Herald
Jan 2, 2007 at 6:01 am
[…] Earlier this week I wrote that it was going to be economy that’ll stop Google’s growth in 2007. Now, it is The Motley Fool which claims that The Worst Stock for 2007: Google. […]
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