Google hints at slowing growth
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Google does not expect to maintain the same pace of revenue growth it has recorded over the last several quarters, the company acknowledged Thursday in a Securities and Exchange Commission filing.
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Revenue-sharing has been a slow roller on Google's video-sharing site.
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The global mobile phone market is expected to see a slow down in market growth due to the lack of additional catalysts, US high tech market research firm IDC warned on Tuesday.
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Google&#39;s decision to slash the price range of its initial public stock offering says more about the company&#39;s own missteps and its competitive position than about the overall outlook for technology shares, experts say.
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Shares of Google Inc. slipped in pre-market trading Thursday after the world&#39;s most popular Internet search engine warned for the second time in a week that its fourth-quarter revenue growth rate is likely to slow from previous quarters.
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Google will do better, but don't look for the company to dominate the market anytime soon, says the company's top exec.
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Shares of Google Inc. (GOOG.O: Quote, Profile, Research) fell almost 3 percent on Thursday, after the Web search leader warned it could not sustain in revenue growth rate, a sign
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(InfoWorld) - A slowing U.S. economy may already be impacting Yahoo's Web advertising sales growth, the head of the company said Tuesday, a trend that does not bode well for other ad-supported Internet sites. "We're seeing some slowing in perhaps two of the largest sectors, both autos and financial services," said Terry Semel, chairman and chief executive officer of Yahoo, in response to questions at a Goldman Sachs conference. Advertising sales from both sectors have slowed down during the past three to four weeks, although both remain on a growth track. "They're growing, but they're not growing as quickly as we would have hoped at this moment in time," said Semel. The comments sparked a sell-off in Yahoo shares, which plunged 11.2 percent, or $3.25, to close at $25.75 each during normal trading hours. Other Internet stocks suffered from the comments, with Google shares falling 2.6 percent to $403.81, and eBay stock ending 3.3 percent lower to finish the day at $25.95. Yahoo loweredÂ its third quarter outlook to the lower end of its guidance. The company had forecast revenue, excluding commissions, to be in the range of $1.12 billion to $1.23 billion this quarter. A slowdown in advertising growth on the Internet could hurt the development of new Web sites in the near term, since so much content depends on advertising sales to support operations. But Yahoo was careful to note that it cannot tell whether the current slowdown is a sign of broader trouble or is limited to ads from the auto and financial sectors. The company also noted that while the weakness in advertising showed up in some of the most economically sensitive categories, it's not necessarily a sign of a slowing U.S. economy. "It's too early to tell if this is a sign of anything broader," said Susan Decker, head of finance at Yahoo, who attended the conference with Semel. An audio Web cast of comments by the two Yahoo executives can beÂ accessed here.
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In a sign that Google Inc.&#39;s initial public offering isn&#39;t as popular as expected, the Internet search giant lowered its estimated price range to between $85 and $95 per share, down from its earlier prediction of $108 and $135 per share.
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Investors who got in on the ground floor of Google Inc.&#39;s public stock offering might be tempted to pop some champagne corks right about now.
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Google's dependence on ad revenue makes it particularly vulnerable to an economic recession, some experts say -- but others point out that the nature of its advertising may insulate Google from any downturn.
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Shares of Google Inc. GOOG.O  fell almost 3 percent on Thursday, after the Web search leader  warned it could not sustain in revenue growth rate, a sign that  it could report disappointing fourth-quarter results.
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Google has not had anything big for us since it went public some time ago. Now, it is back with some news that could worry biggies like Amazon and Barnes and Noble.
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The initial public offering once touted as the hottest Internet IPO in years may have lost some of its momentum. Google Inc. announced Wednesday it has slashed the size of its IPO nearly in half and lowered its estimated price range.
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Shares of Google Inc. slipped in pre-market trading Thursday after the world's most popular Internet search engine warned for the second time in a week that its fourth-quarter revenue growth rate is likely to slow from previous quarters.
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Investors are hoping for good financial news from the search engine giant.
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Google's growth may be chaotic, but will it help the company take over the world?