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Google profits up but analysts expected more.

by Tarinder Sandhu on 20 July 2007, 09:45

Tags: Google (NASDAQ:GOOG)

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Google profits up, but analysts expected more.

Omnipresent Google has recorded Q2 2007 profits of $925.1m (~£451m), up 28 per cent from the same time last year.

The rise quarter-on-quarter income fell short of analysts' expectations, however, and unexpected increases in operating costs have been cited as the main reason for the failure to match industry projections.

Google recorded operating income of $3.87bn, up 58 per cent from the same time last year, with the majority coming from non-US sources.



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Same as MS then?
Awwwwwwwwwww
Maybe they over stated expectations… ?