Google’s 4th Quarterly Earnings Report more than Analyst expectation

Google 4th Quarterly Report comes out as a bright spot in the midst of gloomy economy. The Google’s quarterly results encouraged investors and analysts who had been lowering their expectations about Google's performance, as economy's troubles are deepening considerably.

Google's quarterly result specifies that search advertising, though not impervious to the economy, continues to look more attractive to marketers than other kinds of ads.

Google made $382 million, or $1.21 per share, in the three months ending in December 2008. That was a 68% drop from the same period December 2007. Google's profit had climbed by at least 17% in its previous 17 quarters as a public company.

Google's sales rose 21 percent at $4.22 billion, about $100 million, which is quite above analyst expectations, after subtracting commissions paid to its ad partners. It revenue rose by about 18% to $5.7 billion. It's the first time since Google went public in 2004 that its quarterly revenue growth has been less than 30 percent, but it was still a double-digit increase in a deteriorating economy. Excluding special items, Google said earnings for the period were $5.10 a share.

At present stage, even with gloomy economic condition, I can certainly bet on Google looking at the future growth in internet search engine advertising, as well as Google is trying to bring their free services to paid services like Google Apps, which is suite of online applications like gmail, Google calendar, Google Docs, etc.

Is Stock Market Profitable Business?

With the recent turmoil in the stock market, long term stock investors as well as short term day traders are vigorously asking the question that is there any profit left in this business? Well this can be a million dollar question for many out there who had lost their hard earn money within the span of last one year! But there are still many investors as well as day traders who find the stock market a luxurious business. Now for a newbie who had lost their hard earned money will definitely disagree with this, and yes he should.

Before we go in deep for finding out the real answer, we have to make clear some points within ourselves. Say you are engineer and you tried to enter in the profession of doctor, what will happen? Ok with little doctorate experience you will be able to check some of the patient and can cure them but still there are many such diseases which you will not be able to cure due to lack of that quality of knowledge and experience that helps to cure such diseases, these diseases can only be cured by expert doctor who are in this field of industry from last many years and has deep understanding and perfect analysis point of view.

Same is the case with stock market. With little experience you can enter in this field of business and can make money when the stock market is in healthy condition, but when the stock market starts to suffer, many inexperienced and/or unknowledgeable stock investors as well stock traders goes on to lose money, and at such point of time, a highly profession and experience stock market guru can be able to detect the correct point and will be able to cure the stock market for himself and can make handsome money.

So the peoples who are highly experienced and good knowledgably and can make perfect stock analysis are still making good money in this highly volatile and unpredictable stock market.

Wall Street End In Green Even After Banks Report Big Losses

Wall Street was managed to somehow catch the positive territory even after the major banks report big losses. Stock Market has really seen an erratic session up yesterday after the news of Bank of America receives government support, while Citi Bank splits operations.

Dow Jones industrial average was up by 68.73, or 0.84%, to close at 8,281.22. In the afternoon session, the Dow was down nearly down by 103 points but was able to slowly recover and ended up in positive territory. Even though the stock market saw green, investors were quite concerned about the ongoing problems in the banking industry in reaction to billion dollar losses at Bank of America Corp and Citigroup Inc. Even after this bad show by the major banks, investors were also cheered by plans for both banks to re-establish themselves to profitability, and maximum of the stock investors were also willing to place bets on a range of consumer and industrial stocks.

The pain that has started way back last year in stock market can also be clearly seen in investors’ as well as trader’s mind and going forward there is no sign to easing it so easily.

For this week ended, the Dow Jones industrial average fell by 317.96 point or 3.70% to close at 8,281.22 points. The Standard & Poor's 500 index lost almost about 40.23, or 4.50%, to close at 850.12. The Nasdaq composite index slid by 42.26, or 2.70 percent, to 1,529.33.