Google has been fighting the threat of Facebook for some time. It is now fighting for its life on two fronts! Facebook and now Apple loom large as it attempts to chart the future. Google missed the streets numbers for its Q1 earnings last week and has seen its stock decline from $670.25 to yesterday's close of $569.49. Apple, by comparison, has just beaten, no annihilated, the Street's predictions and its stock has gone from a low of $363 to yesterday's close of $446.66 in the same period. Google?s reliance on search revenues derived from web searches in a browser, its former strength, is now not sufficient to guarantee growth.Source: http://feedproxy.google.com/~r/Techcrunch/~3/kBH8JXm5IMY/
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