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    Google 20% Drop In Profits!?


    This seems to say Google have dropped in profits - not what I would have expected with all the changes that were assumed by most to help them (Penguin battered people using PPC, etc.)

    http://www.bbc.co.uk/news/business-19995730
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    THIS IMAGE from http://www.dailymail.co.uk/news/article-2219751/Google-shares-suspended-20-drop-profits-accidentally-revealed-early.html made me smile...

    It looks like a bit of their own medicine... looks like a screenshot from Google Analytics hit by Penguin!

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    • prasunsen agrees : LOL
    Last edited by Belfast; Oct 18th, 2012 at 01:45 PM.
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    It's too bad it doesn't drop more like a rock. might make Google rethink their plan.
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    I'm more interested to see whether the usage of their search engine dropped. Since I moved to Yahoo never had to look back, but most people outside of the SEO game still seem to use only Google.
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    Did everybody miss this key fact:

    Including websites that generate traffic for Google's ads, revenue rose 45% to $14.1bn.

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    • EGOL agrees
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    Originally Posted by joshz
    Did everybody miss this key fact:
    I must have been blinded by joy.

    They may have added that - the BBC evolve their pieces as they get more info.

    What I think they are putting it down to (I read somewhere else) is their investment in 'non-search' things like the 'glasses' and 'self driving car'.
    Last edited by Belfast; Oct 18th, 2012 at 03:35 PM.
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    Originally Posted by joshz
    Did everybody miss this key fact:
    Has anyone added adsense ads just to see if it would boost their rankings?
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    I don't understand the joy about a company losing profits. Google is just a company run by people doing their best to make a profit for their shareholders.

    I predicted they jumped the shark months ago, but I am not happy about it.

    Is Google Algorithm Updates for Quality or for Profit?
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    Originally Posted by KernelPanic
    I don't understand the joy about a company losing profits. Google is just a company run by people doing their best to make a profit for their shareholders.

    I predicted they jumped the shark months ago, but I am not happy about it.

    Is Google Algorithm Updates for Quality or for Profit?
    Me neither, it was a 'play' on the idea that Google is the 'enemy'. The association of the image to Google Analytics did raise a smile though. I guess that's the problem with forums - you can't pick up the 'tone'. I would certainly not class them as an enemy, but I wouldn't class them as a friend either - just very useful for business. I'm insignificant to them (as is absolutely everyone else I would assume - as long as they didn't lose everyone at the same time!).

    Nevertheless I do suppose that there are those who do 'enjoy' bad companies who may be trampling on people (privacy, scams, production abuses, etc.) getting things less their own way... so 'yes', slightly backtracking on saying 'Me neither' - I suppose there may be those with a grudge who would take 'joy' if they thought Google was an abuser of privacy for example...

    But as mentioned previously here, their 'loss' is probably a 're-investment' which is actually going to be very good for them.

    Any such drop in share price is probably just short shortsightedness, but time will tell.
    Last edited by Belfast; Oct 18th, 2012 at 05:42 PM.
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    The Daily Mail:
    However, the web giant is also suffering in its core business, search-related advertising, as the income received for every ad clicked on fell by 15 per cent in just three months.
    That surprises me.
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    The sky is falling!
    Last edited by Penguin; Oct 18th, 2012 at 08:24 PM.
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    Grim news: Google is attempting to turn its fortunes around with projects such as the driverless car and the digital glasses worn here by co-founder Sergey Brin
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  27. What The Feck..
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    What if you are driving on the highway and Google suddenly decides to devalue the braking system.

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    • Test-ok agrees : Thats a good one. roflmao
    Last edited by subzero27; Oct 19th, 2012 at 12:32 AM.
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    Google suffered the single largest plunge in stock market history on Thursday when $24billion (£15billion) was wiped off the company's value after its results were accidentally released.
    F***ing love it!
    "In 1969 I gave up women and alcohol - it was the worst 20 minutes of my life." - George Best
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