Google Misses by a Mile

"Google (GOOG:Nasdaq - news - research - Cramer's Take) missed Wall Street's fourth-quarter profit view by a wide margin Tuesday, sending its shares tumbling 15% in after-hours action.
The Mountain View, Calif., company made $372 million, or $1.22 a share, up from the year-ago $204 million, or 71 cents a share.
More important, the search giant put its non-GAAP earnings for the quarter ended Dec. 31 at $1.54 a share. Analysts surveyed by Thomson First Call were looking for $1.76. Net revenue, excluding the money Google shares with advertising partners, was in line with estimates at $1.29 billion."