Monday, October 22, 2012

GOOG: Trouble At Google

Trouble At Google
by Ed Liston

Google's (GOOG) earnings debacle last week is the latest in a series of misfortunes that has befallen the giant Mountain View technology behemoth in the last few months. The company has been making less and less money from its online ad sales, and is yet to gain a serious stronghold in the mobile ad sales space. While it has made its Android OS more and more competitive vis-a-vis Apple (AAPL) iOS, which I discussed in another article, it is still to make enough money from selling ads via the Android media. It is embroiled in multiple patent lawsuits, some of which are not looking too well from Google's perspective, and to top it all, the FTC is investigating Google for anti-trust issues. read more »

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