Tuesday, October 23, 2012

GOOG: Google's Death Spiral In China

Google's Death Spiral In China
by Ivan.Tang

The 8.45% drop of share price last week has pulled Google (GOOG) down to earth and reminded investors that its 39% surge in share price between mid-June and early October to an all-time-high of $774.38 was just due to the fantasy of some investors. Those who said earlier this month that Google will go up further have just overlooked the fact that the exit of its search engine from China early in 2010 has already crippled its long-term share performance and will hurt its revenue growth in a few years time. read more »

More on GOOG:
Trouble At Google by Ed Liston

Other articles that mention GOOG:
Dude, Where's My Revenue? by Mercenary Trader


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MSFT: We See Strength Ahead For Microsoft, Shares Remain Incredibly Cheap

We See Strength Ahead For Microsoft, Shares Remain Incredibly Cheap
by Valuentum

Software goliath Microsoft (MSFT) reported slightly weaker than expected first quarter results Thursday afternoon. Revenue shrank 8% year-over-year to $16 billion, which was a bit lighter than consensus estimates. However, if we add back deferred revenue of $1.3 billion, then year-over-year growth was flat. Earnings fell 22% year-over-year to $0.53 per share, which was also a bit worse than consensus expectations. Again, with deferred revenue added back, earnings look much better at $0.65 per share. We continue to think Microsoft is incredibly cheap, as we outline in this article here. read more »

More on MSFT:
Microsoft Gets A Pass by Bill Maurer

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