Google's stock price drop blamed on computer glitch

eetimes.com 22 Oct '12, 5pm

Google's stock price drop blamed on computer glitch - EE Times (blog) #Google

Google's earnings came out a few hours early last week due to a computer glitch. Some observers are blaming the glitch for a drop in Google's stock price. The fact that the earnings were awful is almost cited as an afterthought : Among the litany of issues, the Internet search giant's profits slid 20% from a year earlier to $2.18 billion, or $6.53 a share. Revenue rose 45% to $14.1 billion, thanks to the incorporation of Google's new Motorola hardware unit. Google lost $22 billion from its market capitalization last week until trading was halted. [Get a 10% discount on ARM TechCon 2012 conference passes by using promo code EDIT. Click here to learn about the show and register.] A similar thing happened during Facebook's initial public offering. The NASDAQ computer system stalled , and trading began a half-hour later than its scheduled start of 11:00 a.m. EST. According to ...

Full article: http://www.eetimes.com/electronics-blogs/other/4399071/An...

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@zaranithin » 22 Oct '12, 9pm
Google's stock price drop blamed on computer glitch: Google's earnings came out a few hours early last week due ... [link]
@benpankonin » 22 Oct '12, 8pm
I'm hoping Google's stock price glitch will motivate them to put a delay-delivery feature into gmail. [link]
@TwiterHero » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch: [link] via @eetimes
@ajmcafe » 22 Oct '12, 5pm
RT @newsgoogle: Google's stock price drop blamed on computer glitch - EE Times (blog) [link]
@computercleanup » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog): Google's stock price drop blamed on compu... [link]
@Know_Google » 22 Oct '12, 7pm
Google's stock price drop blamed on computer glitch [link]
@eetimes » 22 Oct '12, 6pm
@Google's stock price drop blamed on computer glitch -[link]
@newsgoogle » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link]
@FacebookCart » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link] #Google
@BialekSharon » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link] #Google
@AndroidTokyo » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link] #Google
@MbakDesiBPN » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link] #Google
@MbakDesiJakarta » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link] #Google
@rokminiartis » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link] #Google
@googleus » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link]
@Google_Today » 22 Oct '12, 5pm
Google's stock price drop blamed on computer glitch - EE Times (blog) [link]