Tuesday, September 1, 2009 - The Progress & Freedom Foundation Blog

WSJ: Don't Bet on Google Stock

Google Searching for GrowthThe Google juggernaut's revenue growth has slowed steadily in the last five years, causing the Wall Street Journal to caution investors about buying Google stock. While much of the slow-down in Google's revenue may be attributed to the recession, the WSJ cautions that:

Somehow I doubt Google's fall to Earth will do much to allay the concerns of those who see Google as the kind of evil monopolist Microsoft was made out to be in the 90s.

As the Journal concludes, "It would be foolish to predict that Google won't have another business success, of course... Google may itself discover the next Google-like business." As long as someone's out there working to turn today's idle fantasies into tomorrow's multi-billion dollar businesses, consumers win--whoever that bold innovator might be.

posted by Berin Szoka @ 11:39 AM |