Google Loses $5 billion

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In the last friday due to Tech stocks down Google loses its $5 billion as internet gaint's shares.what do u guys think why this is happens
#billion #google #loses
  • Profile picture of the author Oranges
    New update coming to recover that money called "All Guns Blazing".
    Hide hide hide!
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  • It must be payback for all the people they banned from adwords.
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    • Profile picture of the author JackTheFrost
      I stop using Google after their last (unnecessary) update so....

      BING FTW!!
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  • Profile picture of the author JackTheFrost
    Oh yea but I am using it again ...(I'm a slave to google lol)
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  • Profile picture of the author MaxNiche
    Yes,Google is losing revenue.But it's downfall is not so near.
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    • Profile picture of the author Dan Grossman
      Originally Posted by MaxNiche View Post

      Yes,Google is losing revenue.But it's downfall is not so near.
      Google's Q3 revenue increased from $9 billion last year to $14 billion this year. That's up, not down. Day-to-day market cap is not revenue.
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  • Profile picture of the author Trabalhodigital
    Well done. payback day
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    • Profile picture of the author paulgl
      ROTFLMAO! It's a stock loss, on paper. Not profit or
      revenue loss.

      How come you don't mention MS, Intel, GE, etc. also
      lost billions more than that on paper?!?!?!?

      Not to mention the BILLIONS lost by FB.

      Yup, they have lost at least $50 billion (on paper).
      Where's a thread on that?!?!?!?!?


      I don't get you people.

      Google's clicks on ads increased by 33%. Their net
      profit was over $2 billion. That's $2 billion more than FB, BTW.

      Get a grip people.

      Paul
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      If you were disappointed in your results today, lower your standards tomorrow.

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  • Profile picture of the author thebitbotdotcom
    I cashed out my Adsense account right before that announcement...I wonder if there is any correlation.
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