Friday, February 01, 2008

It's The End Of The World As We Know It

I thought I'd check the AP report on Google's earning's release today. Here it is:

MOUNTAIN VIEW, Calif. (AP) -- Google Inc.'s fourth-quarter profit fell below analyst expectations, signaling the crumbling U.S. economy has dented the Internet search leader's moneymaking machine.

The economy is crumbling. Not slowing, crumbling. I thought I knew what crumbling meant, but I guess I'll check Websters:

1 : to fall into small pieces : disintegrate 2 : to break down completely : collapse

So our economy is disintegrating, breaking down completely or collapsing? Does that mean that now is the time for our readers to crack each other's heads open and feast on the goo inside?

The article goes on to suggest that Google missed its earnings estimate by a penny per share.

UPDATE: It looks like the AP reads NIGP. Within minutes of this post, yahoo's article changed the opening paragraph to:

SAN FRANCISCO (AP) -- Google Inc.'s earnings and revenue growth decelerated more than analysts anticipated during the fourth quarter, magnifying worries that the Internet search leader's moneymaking machine is bogging down as the U.S. economy teeters on the brink of recession.

We will keep you posted on the proper time the AP advocates beginning the head cracking.


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