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Google Doesn't "Make Its Own Weather"   The Message Behind Those Google Earn...
Jul 17 2008 6:26PM EDT

Last Bytes: Earnings Edition -- Google, Microsoft, IBM, Plus E3

-- Google missed Wall Street earnings expectations, sending the company's shares down 10 percent in after-hours trading. [Portfolio.com]

-- IBM, on the other hand, exceeded analyst expectations by posting a 22 percent jump in profit. The company raised it profit forecast for the rest of the year. [AP]

-- Microsoft reported results in line with Wall Street expectations, but offered earnings guidance that dissappointed investors, who sent the company's shares down nearly 7 percent in after-hours trading. [Reuters]

-- E3 comes to a close; EA talks Knights of the Old Republic. [Portfolio.com]

-Sam Gustin

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