Some Google Analyst Slips
Google dropped some important information that it maybe shouldn’t have during last weeks analysts meeting. Google
said that it had inadvertently disclosed some of its closely guarded financial projections. Google also slipped out the
new personal digital storage service it has in the works.
Google posts its company information online, and
even its presentations. Well, it posted the Analyst presentation, which contained all of this important information
that happened to divulge more that what Google wanted to.
Google is a company that has refused from day one
to give out future financial information. And give out numbers they did at the Analyst day conference. They fought back
afterwards by saying that they were speakers notes that were indeed prepared as much as six months ago for an internal
presentation.
This entire ruckus has caused some issues with the Securities and Exchange Commission. Google
issued a statement that said that the unintended notes revealed a projection that advertising revenue will […]
See original post by Chris Gilmer