It's not often I hear bad things said of Google, and then I see this title, Google Could Plummet as Apple War Takes Toll. TheStreet commentary talks about how Google is losing its leaders, profitable innovations, mobile search, brand trust and the China market. They're bold statements and the writer goes as far as predicting Google's stock price to go back to $300 within 24 months. Ouch to Google and its shareholders. I am a fan of Google, but I do question its move to pull out of the China market in the long run, and by looking at its recent drop in stock price, others might fear the same.
Perhaps the only other left cheering besides the writer is Baidu, the dominant search engine in China, as its stock price just topped $600.
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