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-- -- thank you.
A -- -- analysts to get his take on things this is that ten Marlon -- & Associates dig deeper into Google's results intent let's first address the issue of this mid day.
-- from from Larry Page.
It's certainly suggests that the report wasn't ready for prime time.
But I think we're gonna have to wait and and we would exist.
At the end of the day doesn't change the fact that it was a big miss I mean what do you make of that where do you see the problems coming in.
You know such -- such it the trials and tribulations of being a public company which candidate coaches.
And that is what Google look bought when it decided to go public come -- -- -- really -- and that -- earnings that disappointed does mean you know in January this year.
The they disappointed to -- it was about advertising prices and the revenue they were getting per click.
Meanwhile -- overall.
You know Google continue to monitor rockets forward and you know it's not forget that.
You know apple was whether -- was slammed for mentioning that gain in July and they're doing just fine.
Went to be so far off consensus -- -- -- looking at Thomson Reuters consensus of ten dollars and 65 cents tonight three I mean that's a huge gap.
Usually actually did -- did they not -- properly do you think there were surprises in the quarter ended what would be your first question on the call can.
-- -- -- clearly it's a huge gap then clearly you're you're right there's there's wanted to think it's happened to -- -- -- they -- guide to properly -- for the hugely missed something.
And my guess it is that they have teaching them something on the night I think he's -- they're pretty good debt guy getting.
They're there they're pros and what they do so but my guess is that they were guiding to write what they thought the answer was going to be and there's been some kind of a surprise unfortunately.
We haven't gotten any deeper -- yes.
Euro can we -- we got some particular so our corresponding -- -- mention the acquisition Motorola.
You've also got -- increasing competition in the Smart -- market who was the player there can you comment to any of those issues.
Well you know I I think everybody looks to speculate the absence of information so you know what I can wildly speculate with the rest of them but the truth is we don't know and it wasn't surprised.
Okay what you're looking at a stock that's down 9% it's obviously halted right now.
But given what you know do you think that's -- buying opportunity I mean it's it's a big decline.
I do think it's a buying opportunity I think that include it's it's -- company top line -- just keeps outperforming when you look at a year over year as supposed to quarter over quarter.
-- and and also when he talked about threats.
You know -- for there isn't really a credible threat.
-- in their core advertising markets have.
And -- doing much better than anybody had expected to over when you look at it big picture I'm not talking quarter to quarter whose name is to listening to Q2 was just doing much better than people gave it credit for the year ago.
Do you know whether motor role is gonna be -- great success is who we closely.
Is there a bigger story technology we just -- a little bit of consolidation going on across the sector can't.
You know worked at a bankers we think it's there's been Geithner who's been consolidated gone on for a number -- we think the consolidation is gonna continue to go on but we think Google is it is one of the winners in -- technology so.
-- there's technology gone on but we don't think that's that's what's affecting.
That -- -- works.
What do you think act -- this release did come out too early.
What's a scenario -- how do you think something like that would happen need to gives Google's fault do you think Peter does that undermine your confidence in never does that have to do with the way.
You -- these documents are filed.
Management limited -- we'll find out we'll find out who messed up and -- minister up will be would have been punished -- He you know sometimes people make mistakes.
You know it's funny we're getting a lot of economic what's not funny it's curious probably better way to characterize.
I'm getting to the economic reports a lot of the jobless state says spin squirrelly we've been using that were to describe it.
Now we're getting corporate earnings reports that -- The numbers are likely trustworthy but just the whole manner in which.
We media and analyst -- are getting -- information it seems very disorganized lately he get that sense then.
Actually actually funny it was a good word capitalism that is certainly abusing.
I -- -- that there's a big difference -- in in in the economic data.
Then they're clearly or politicians.
Who want to.
Take this set of numbers that makes their points best and focused on that set of numbers.
And there are clearly different ways to interpret the economic numbers and I actually.
On the stand object -- and there and basically agree with -- -- -- parkmerced.
That the current unemployment.
Rate that is being reported just totally bogus no I don't agree with this suggestion that somehow the administration.
Manipulated that are caused it to be -- -- -- I think anybody who.
You can host Julie looks at the economy understands that the actual unemployment rate is -- a lot higher than what is yeah.
Being being advertised.
But that's a result and then part of the way in which -- statistics are calculated.
Can -- -- want of course I'm Google though before we run out of time.
What -- -- -- -- -- got a call today what are the three most important things that you're looking for as we dig deeper into these results.
We're we're we're we're looking at times and we're looking at top line we're looking at you know it is you know look at what are the drivers of top line growth can do we believe that -- strikers are sustainable right now we've seen nothing to believe that there.
There's there's anything slowing down court complex advertising growth what's happening at YouTube because we you know we're pretty bullish on on the opportunity there what's happening with android we're pretty bullish they're -- -- yes we'd like to know what's going on with Motorola but if that's what closer -- -- that's actually good news.
-- that's that's fixable.
And and then we're trying to understand what -- conversion rates how much of the incremental revenue dollars being converted to process.
And right now they're conversion -- have been pretty phenomenal so -- -- -- Can -- thank you so much for spending some time with that shedding some light on.
Story breaking just moments ago Google shares really.
Plummeting before ultimately being halted as they can --
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