Sunday, October 21, 2012

Google uses fuzzy math on its Motorola business

NEW YORK (TheStreet) -- As is usually the case, Apple (AAPL) was the most talked-about name in tech this week. Yet, it did have some serious competition, as several tech behemoths reported results, and there was a major deal.Tech titans Microsoft and Google (GOOG) had said they would release their earnings after the market closed at 4 p.m. ET. But around 12:30 p.m. ET, Google shares initially headed lower after Reuters said Google reported lower-than-expected revenue and44 analysts cover Google. 82% are Buys. Average Target Price is $811. The lowest and least herd-like was Heather Bellini of Goldman Sachs who has had a $660 price target (which is where GOOG is implied to tradeTech titans Microsoft and Google (GOOG) had said they would release their earnings after the market closed at 4 p.m. ET. But around 12:30 p.m. ET, Google shares initially headed lower after Reuters said Google reported lower-than-expected revenue andThe 100 richest people on the planet added $12.7 billion to their collective net worth this week after worse-than-forecast corporate earnings in the U.S. wiped out most of the gains global stocks had posted earlier in the week. Mexican Carlos Slim, 72,
Related External LinksWhat does $GOOG's driverless car and marketing have in common ...Stock Investor Place Blog » Google Must Hold At $650Google uses fuzzy math on its Motorola business | Trending Topics

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