
The past year 2008 is exhausting with regards to the economy’s status. What’s more –we are talking about worldwide economic crisis here!
Unfortunately, this year is anticipated to be heavier on the shoulder. At least that’s what the expert says. It has been said that the economy is taking a toll on everybody, and that includes the well-known Google.
However, Ryan Jacob, portfolio manager of the Jacob Internet Fund, which owns shares in Google, emphasized that Google should not be blamed. In fact, to defend Google, he further said that most of Google’s economic downfall is market-related, not company-related. The company has clearly executed and that it continued to gain share and introduced innovative new products and bolstered its industry position.
