Thursday, April 19, 2007

Google's Spending Draws Investor Scrutiny as Revenue, Profit Growth Slow

(Bloomberg) -- Google Inc. had carte blanche to spend on computers, acquisitions and research as it racked up the fastest sales growth in the Internet search industry. Now it's time to spend less and earn more, some investors say.

``Profits have moved up in people's minds in importance,'' said Greg Barlage, an analyst at Boston-based Baring Asset Management, which oversees $35 billion including Google shares. ``You need to see margins firming and hopefully expanding at some point.''


Read more at Bloomberg Exclusive News

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