Google results fail to impress

The markets are used to super amazing Google results, so you would have thought a 27% rise in sales for the last quarter would have set off the "Buy" alarms but analysts are not used to any negative Google news.

The down side in their financials, is in a reduced advertising rate for clients using their search ads on a pay per click basis by 8%, which has sent their share price tumbling by 10%.

The last quarter revenue came in at US10.6 billion ,with net profits rising by 6.4% for the last quarter and up 14% for the whole of 2011 at US$9.7 billion, on turnover of US$ 38 billion.