11:19 AM Google (GOOG -1%) has ticked below $700 ahead of today's Q4 report. Stifel's Jordan Rohan (Hold) worries results will be hurt by the margin impact of Nexus tablet and Chromebook sales and a shift towards mobile ads (estimated to make up 20% of sales), which still carry much lower rates than PC ads. Soft mobile ad prices contributed to a 15% Y/Y cost per click decline in Q3, but at the same time, mobile ad sales appear to be soaring. The impact of YouTube's growth and shifting e-commerce ad sales are also worth keeping an eye on. Read comments
Focus Articles on GOOG
- Whisper Number Impact: Earnings Preview For Google by WhisperNumber
- Google Prone To Reward Shorts Looking To Play Shares Off Earnings Moves by Midnight Trader
- Google: Another Long Straddle by PowerOptions
Press Releases on GOOG
- Southwest Chelsea to Become First WiFi Neighborhood in Manhattan (Business Wire)
- Google Announces Date of Fourth Quarter 2012 Financial Results Conference Call (Business Wire)
- Google to Present at the Piper Jaffray TMT Conference (Business Wire)
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StockTalk on GOOG: GOOG StockTalk | Twitter GOOG | Twitter $GOOG | GOOG Instablogs
Recent Market Alerts on GOOG: All currents | Earnings | Dividends | M&A | On the move
Transcripts on GOOG
- Google's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- Google's Management Discusses Q2 2012 Results - Earnings Call Transcript
- Google Management Discusses Q1 2012 Results - Earnings Call Transcript
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