Google Stock Sinks on Slow Revenue Growth

This is exactly what is wrong with this country. On what other planet could you possible quadruple your earnings but not meet expectations? The company made over $0.25 billion more a month than they did last year! And people wonder why there was a dotcom bubble that burst, the core members of our financial system are insane.

Google Inc. shares continued to tumble Friday amid disappointment over slowed revenue growth at the online search engine leader even as second-quarter profit more than quadrupled. Revenue for the period totaled $1.38 billion, nearly doubling from $700.2 million last year. After subtracting the commissions that Google paid to other Web sites in its advertising network, the revenue stood at $890 million, beating the Wall Street estimate of $842 million, according to Thomson Financial.

See Google Stock Sinks on Slow Revenue Growth - Yahoo! News for the rest of the story.