Economy is low but Google Q3 profit still rises
It looks like like google Share is safe investment. Google announcement of a 26 percent increase in third-quarter profits that surpassed analysts' forecasts.
Check the Statement of Google :
"People suddenly realized that if there a stock you are going to own through this uncertainty, (Google) is the one," said Canaccord Adams analyst Colin Gillis.
Google co-founder Sergey Brin predicted the company will emerge from the turmoil even stronger. "My favorite time to manage is during a bust," Brin said in a Thursday interview with The Associated Press. "It brings more clarity about what your customers need and what your priorities should be."
Check more info here: http://tech.yahoo.com/news/ap/20081017/ap_on_hi_te/earns_google
Check the Statement of Google :
"People suddenly realized that if there a stock you are going to own through this uncertainty, (Google) is the one," said Canaccord Adams analyst Colin Gillis.
Google co-founder Sergey Brin predicted the company will emerge from the turmoil even stronger. "My favorite time to manage is during a bust," Brin said in a Thursday interview with The Associated Press. "It brings more clarity about what your customers need and what your priorities should be."
Check more info here: http://tech.yahoo.com/news/ap/20081017/ap_on_hi_te/earns_google
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