Better Living through Software

Google announces Desktop Linux, shares down $59 in after-hours.

Coincidence? Unfortunately, yes. Despite the silliness of the idea, and flashbacks to Sergey “We Do Not Compete with Microsoft” Brin, the stock is down because they only made 80% profit growth. Well, more because they missed earnings. So it’s not so much a problem of profits being bad, but of predictions being bad. Who wants to bet that Google has a new CFO tomorrow?

This entry was posted on Tuesday, January 31st, 2006 at 8:21 am and is filed under software politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.