The investors have flet great dissatisfied about the surging operating costs of Google
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April 17, 2007, according to Google, bloomberg news reported on April 15th, released first-quarter earnings, and held analysts conference call. However, Google's new CEO larry page on a conference call will first-quarter high operating costs unfailingly problem, so investors feel rather dissatisfied.
In the last for about one hour in a conference call, the beginning of the meeting only page word about within three minutes. Page says he first quarter earnings results of satisfaction, saying the company development trend are strong. It is reported, despite its initial page to appear on a conference call.
"Google is far higher than in the first quarter of costs, and Google investors expected management is yet to make a reasonable explanation, just to say that all progress vague are successful, this makes investors feel discontent." Headquartered in New York are Tangent partneryou LLC investors Bob - Rice (Rice) said, "Bob Google ways can let a person elusive".
Bloomberg says, facing with rival apple and Facebook's tense competition, page is in hiring new employees and marketing spending the showering. This will undoubtedly promote operating costs. Google for the first quarter earnings per share, below $808 analyst forecast of bloomberg 8.12 dollars.
This Friday, Google shares closed 47.81 dollars, to 530.70 plunged, drop for $8.3 percent in 2008, the biggest decline since December. So far, this year since Google shares have lost 11%.
Google needs to increase transparency?
"The fact that was hard to judge the page executive ability, but how can companies in this page with investors spending on the scheme widely discussed, however page chose evasive." Jacob fund (in Los Angeles chief investment officer Jacob portion) Ryan Jacob (Ryan Jacob) said.
Jacob said, "Wall Street hate not sure things". It is reported, Jacob fund is one of Google company's investors. "For company management strategy and development goals are concerned, Google executives do big spending a little bit too casually. Stand in company CEO position, if page on these large spending to detailed the purpose, it will make investors for the development situation of Google company are more clear." Jacob said.
Google, according to the first quarter earnings in the first quarter, the operating cost for three years and 54 percent surge in the highest growth, partly because Google employees in new enrollment has invested heavily. At the end of the first quarter, deadline Google company who has 26316 worldwide, a staff than December 2010 data increased 7.9%. Google r&d costs surged 50% a year records, marketing spending surged 69%.
Page "very excited"
In the conversation with analysts brief, stressing the page Google first quarter earnings growth, saying the company in 27 main search business has had greater progress.
"I for Google development status and situation was so excited." The 38-year-old page said, "I felt very, Google's future very optimistic."
In early April page before Google CEO, took the CEO had decided not to the company's quarterly conference call with investors. In the first quarter of 2010, Google and conference call CEO don't attend this kind already said meeting.
In the first week of posts page, he will include mobile business controller Rubin (Andy Rubin) and social business controller vick • gong Vic Gundotra electra (more than seven manager, promotion to senior executives layer,.
Google spokesman Chris cover Chris Gaither) says djoser (the cabinet appointments, page is to optimize engineering and product development, by a supervisor in charge of a product department. Page in January has said, the company scale is getting bigger and bigger, Google management style still need to maintain flexibility.
Headquartered in New York's Asset Management Mark Morris, Mark (chairman Morris Mark) said that although prove their ability for escalating, but he still has the chance to become like Microsoft's Bill Gates and apple's Steve jobs so powerful CEO.
"The fact that page in some areas effort to the company, such as he admirably to the restructuring of the key departments of agriculture-related these departments, creation and innovation power." Mark in accepting the bloomberg TV interview with spy news programs.
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Author Resource:-
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By :
Jessie Stone
Submitted
2011-04-24 03:47:15 |
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