Google's growth continues to impress as it wraps up its 2014 earnings
For those of us whose idea of fun includes reading financial reports from tech companies, Google posted its fourth-quarter 2013 results on Thursday. And because Google generates the vast majority of its revenue by selling advertising, it should come as no surprise to you that discussion of Android was not a focus of the call. When I write these quarterly results summary articles, I’m doing so to share my thoughts on Google the business and relate the results back to the stock in a way that helps newbie investors understand a bit more about long-term investing. I also own a bunch of Google shares. End of disclosure.
Google’s Q4 results, in a nutshell, were solid enough to send the stock higher in after-hours trading Thursday night, which means Wall Street loved the numbers. On Friday morning the stock was up about 3 percent, while the broader indices (i.e. Dow Jones, S&P 500 and NASDAQ) are down.
Let’s dig into the numbers a bit and then discuss the longer-term picture.
     |
Source: http://feedproxy.google.com/~r/androidcentral/~3/Ip1bkkABgdo/story01.htm
No comments:
Post a Comment