Wednesday, March 08, 2006

Google says mistakenly put old ad outlook on Web - Yahoo! News

Google says mistakenly put old ad outlook on Web - Yahoo! News: "Google Inc. inadvertently published outdated revenue and profit projections on its Web site after last week's meeting with Wall Street analysts, the company said in a regulatory filing on Tuesday. But it stood by its refusal to issue financial projections.
The previously undisclosed presentation notes stated that Google's core advertising business was expected to grow by nearly 60 percent to $9.5 billion in 2006 but that profit margins in its mainstay AdSense business could be squeezed this year and beyond."

Maybe Google will try to blame PowerPoint...

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