Googles quarter 4 results will be better than expected
With one of the largest advertising programs in the online world, and also being the largest search company in the world. Google is about to deliver its Q4 2009 earnings this week.
The results are expected to be better than the Wall Street estimates. The expected revenues are said to be in the region of 13 to 15% higher than the $4.38 billion Google reported in the third quarter.
Despite rumors of higher than expected earnings some analysts feel that the long ongoing fight which is going on between the Chinese Government will cast a cloud over Google’s finances.
The fight between the Chinese government has been going on since the middle of December and Google has hinted that they may well consider leaving the Chinese market and drop censoring search results within the country. Source – dailytech.com