Investopedia: It's Not Geting Any Easier For Google

Companies spend a lot of their corporate adolescence convincing investors that they can carve out a business and take on the big dogs. If they succeed, their reward is a new round of questions about whether or not the company can maintain that momentum and find new markets and opportunities that offer similar margins and returns. 


That, then, would seem to be the challenge for Google (Nasdaq:GOOG). No sane investor questions what the company has accomplished in taking on the likes of Yahoo! (Nasdaq:YHOO), AOL (NYSE:AOL), Microsoft (Nasdaq:MSFT) and Apple (Nasdaq:AAPL), but now the stock sentiment seems pregnant with doubts as to whether the company can find new business on par with the old.

A Mostly Encouraging Third Quarter
Google's third quarter results offer both good and bad news on that score. On the positive side, net revenue rose 37% (gross revenue rose 33%), and revenue from Google-owned sites was up 39 and 15%, sequentially. Mobile also continues to be strong grower, though still a relatively small contributor.


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