Google (GOOG) will announce their Earnings This Thursday. What should we expect? Well, it’s really hard to say. Google has blown out analyst’s estimates quite consistently over the last few years, and I personally think they will do it again. With the Stock down nearly $200 from its highs a few months ago, any earnings blowout could mean a huge move for the stock price. On the other hand if they miss the earnings estimate, then the downside shouldn’t be all that bad.
The other internet stocks and tech stocks have stuggled this quarter though, so many people are up in the air about Googles profits this quarter. Remember though that Google should not be hurt as much as many of the other tech companies from the falling US dollar, since they have a good deal of business overseas, especially in Europe.
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