General Question

Steve_A's avatar

Why has Google slipped off?

Asked by Steve_A (5125points) July 16th, 2010 from iPhone

Google is now at 459 but a couple months ago were around 540–580.

Can you explain to me why the sudden dip in July?

Observing members: 0 Composing members: 0

8 Answers

zophu's avatar

Summer vacation in the US, maybe? More people outside and traveling around as grade schools and universities empty for a few months. Less time on the computer.

Lightlyseared's avatar

Problems in China?

Poor product launches such as Buzz where there privacy concerns and wave where no one knows what it’s for?

Problems with Street View snooping wifi details in Europe so they are risking a large fine in the EU?

MyNewtBoobs's avatar

Double dip recession?

GeorgeWood's avatar

As a category, tech stocks are down. Some of Google’s decline is due to missed earnings this quarter, and some is a reflection of Apple’s G4 reception problems. Companies have a quarterly market call with the rating companies in which they communicate earnings, and based upon what they communicate about those earnings, the price can rise or fall.

If you are learning about the stock market, you might find www.marketwatch.com interesting and helpful. Here’s a link to this week’s article on Google and tech stocks.

Response moderated
DocteurAville's avatar

Problems in China and the ‘buzz” issue? They are cooling things up a bit and then they will come up with the ‘next’ thing for you to get ‘integrated’ – provided you give’m some more of you personal info.

CrankMonkey's avatar

Google makes a lot of money through advertising, and investors are worried that the economy may do poorly. If people aren’t buying things then ad spending drops.

Response moderated (Spam)

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