Earnings reports for both Google and Microsoft disappointed analysts today sending shares tumbling. In after-hours trading, Google is seeing the worse end of trader's reactions with a nearly instant seven percent drop.
That means a
"As we continue to focus on innovating in our core business of search, ads and apps, we also look forward to enhancing the experience of our users and expanding the reach of our advertisers and partners with new technologies and formats, particularly as our integration of DoubleClick gains momentum and creates new opportunities in display advertising and elsewhere."
press release, could cite lots of excuses, but focuses on the positive as well.
The biggest excuse Microsoft offers is honoring $1.1 billion worth of Xbox warrantees.
Google, Microsoft Miss Estimates
1 views
Comments (0)
Please sign in to leave a comment.
No comments yet. Be the first to comment!