Google Punished by Wall Street Brokers after Results

Everyone related to online activity likes to talk about Google and the Search engine giant came up with its results. The results were good, but Wall Street punished the stock. The stock ended the day with a loss of $53.5, which is nearly 8.4% lower compared to previous close.

Experts were expecting the company to perform even better, but there are some people who feel that Google has to come up with some innovative ideas to increase its profit in the future quarters. The company has been earning quite good money, but it depends mainly on Google Adsense.

Other ventures started by Google didn't bring much of cash and some of them actually ended up with massive holes in Google' pocket.

And, Google' Schmidt has been trying to show the investors that the company is doing pretty good with Google Plus and has plans to offer more to users in year 2012 which will end up in better earnings. And, he also said that the company's Panda Update will start showing positive results in coming quarter. But, investors weren't impressed.

And, webmasters are wondering as well. Their earnings are dropping. Google support team doesn't treat them good. There are numerous incidents of Google support not replying properly to their concerns. There isn't any way to contact Google support for clarifications. And, many a times, webmasters or Adsense publishers get canned responses. In addition, Google had said in last quarter that they will launch phone support for Adsense publishers, but that hasn't been done so far. The relationship between Google and web publishers is going through tough times and with falling earnings, publishers are turning towards other networks.

Google is still making good money. But, Google is serving more advertisements on its search pages than ever before. And, Google has squeezed the most possible juice it could get from that section. So, investors are worried about the future performance of the company.