Google 1Q Earnings Miss Analysts' Target

Google's earnings missed analysts' target, so the company released a statement saying it will "back the bus up and take another shot at the analysts." Heh, I just made that up...wishful thinking on my part I guess. Here's what Google really said:

"I'm very excited about Google and our momentum, and I'm very, very optimistic about our future," Page said. He also assured that the management transition that Google announced three month ago is unfolding as the company envisioned, with Page overseeing day-to-day operations while Schmidt handles government relations and stalks possible acquisition targets in his new role as executive chairman.

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