Google Profits Up 28%

Good news right? Evidently not, because some people can't see how good it is! Google "missed" the target projections - oh well, they're making GOOD money. If it said, "Google profits down for a third quarter in a row, now down -20%," then you can get that sinking feeling. The DOW is down and I'm getting e-mail alerts to let me know that my investment portfolio is going south for the day.

If you made 28% more pay would you get all bent out of shape because you didn't make 30% and go into a panic? If that margin were only 3.5%-6% then that 28% would seem like heaven. I guess like everything else people don't realize until things get worse (gas prices as an example, or compared to other countries) how things aren't as bad as they might seem.

The messed up thing about all this that 30 companies make up the DOW. Yup, that's right! I'm hangin' in for the long run, just a bump in the road and the shocks can handle it. :)

1 comment:

Arlene said...

I've never understood that about companies...they're making money just fine, but aren't happy that they barely missed their target! I guess that's why I don't do corporate america ;-)