According to this, Google stock may take a hit because their revenues only grew year-over-year by 30% this past quarter. Specifically, analysts are worried because Larry Page said that he cares more about the long term health of the company than goosing the stock price.
What the hell is wrong with these people? It's not enough that Google is making enormous profits. It's not enough that Google's enormous revenues are 30% larger than they were last year. Rather, apparently the free market will penalize Google because they expected the earnings to be 32% larger than last year, and it's apparently a bad thing that the management has talked about prioritizing long-term health and growth. How is this attitude by the financial sector at all a good thing? This attitude is exactly why corporate long-term R&D has been nearly obliterated in the US.
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