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Nov
10
2008
Google’s Q4 results are likely to show some effects of the financial battering that is taking its toll on Wall Street and Main Street alike. According to Douglas Amnuth, financial analyst at Barclays Google’s fourth quarter revenues wont grow over the third because people are spending less online, so advertisers wont be spending as much as they used to do to bring shoppers to their sites via Google AdSense. Anmuth expects Google to post $4.05 billion in Q4 sales, below the Street’s expectation of $4.31 billion.

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