Wednesday, November 12, 2008
Yet More Google Estimate Cuts: Big Online Marketers Slashing Ad Spending
Even more Wall Street analysts are cutting their estimates for Google, making the reasonable argument that if the world’s economy stinks, that might have some impact on the world’s biggest media company. To be more specific: Citigroup’s Mark Mahaney says that big online advertisers Amazon, eBay, Expedia and Priceline will all be making big cuts in their Web ad budgets this quarter.



