The ComScore-Google War Rages On
The disceptation close comScore’s paying utter investigate just. won’t. die. Much as we’d same it to.
For those who haven’t followed the drama, here are the Cliff Notes: A whatever comScore reports advisable that Google’s paying utter growth, or the variety of grouping who utter on sponsored ads on Google, declined dramatically in the U.S. over the terminal whatever months.
It was the variety of programme that led to a sell-off of Google shares and a secondary mart meltdown. Wall Street analysts down their earnings expectations for Google, and pretty soon, customary good was that the consort was feat to expiration its quarter.
Problem is, Google posted better-than-expected first-quarter results, which prefabricated comScore countenance pretty bad.
"Paid utter ontogeny is such higher than speculated by ordinal parties," said Google CEO Eric Schmidt, on the earnings call terminal week.
Soon after, comScore’s credibility was titled into question, and its shares took a beating.
But comScore isn’t attractive it quietly. The consort issued the "final word" on the concern this afternoon.
"ComScore got it correct — both quantitatively and
qualitatively," wrote comScore CEO and co-founder Magid Abraham, on the consort blog. "What was criminal were the conclusions that whatever people
drew supported on inherently imperfect comparisons."
Abraham essentially argues that domestically there has indeed been a delay in paying see growth, and Google’s U.S. income reflects that. The difficulty is, according to Abraham, that some Wall Street analysts and investors extrapolated that accumulation to hold that the full playing was in trouble.
See Also:
- Google’s Paid Clicks Continue to Slide: comScore
- No, the Sky’s Not Falling on Google, Says comScore
- Google Hits It Out of the Ballpark: Q1 Profit up 30 Percent
- Radiohead, comScore Spar Over "In Rainbows" Metrics
- Half of Google Paid Clicks Totally Bogus?
- For Some Advertisers, ‘Google Slap’ Means Plummeting Revenues
Melted From: Epicenter
Tags: abraham, ceo eric schmidt, co founder, comscore, conventional wisdom, credibility, eric schmidt, final word, google, google shares, magid, market meltdown, metrics, quarter results, radiohead, slowdown, spar, wall street, wall street analysts, war rages
Fri, 4th July 2008

