Searching with Google.(Nasdaq:GOOG)

Google is an advertising company and 97 percent of its revenue comes from advertising on its various properties, including YouTube, plus partner sites through its AdSense product. Sure, Google has Android and Chrome OS and everything else, but it doesn’t make money from them — they’re just there to get people to watch more ads.
Google Inc., a technology company, maintains index of Web sites and other online content for users, advertisers, Google network members, and other content providers. It helps users to obtain instant access to relevant information from its online index.
Its products and services include Google.com for search and personalization, which provides Google Web Search, Google Images, Google Books, Google Scholar, Google Finance, Google News, Google Videos, Google Blog Search, iGoogle and Personalized Search, Google Product Search, Google Merchant Center, Google Custom Search, Google Trends, Google Music Search, and Google Webmaster Tools. The company’s products also comprise Google Docs, Google Calendar, Gmail, Google Groups, Google Reader, orkut, Blogger, Google Sites, and YouTube. In addition, it offers Google Toolbar, Google Chrome, Google Chrome OS, Google Pack, Picasa, and Google Desktop; and Google GEO product line comprising Google Local Search, Google Maps, Panoramio, Google Earth, Google SketchUp, Google 3D Warehouse, and Google Building Maker. Further, the company provides Android, a mobile software platform; Google Mobile, which are mobile-specific features; Google Checkout, an online shopping service; and Google Labs, a test bed for engineers and users. Additionally, it offers Google AdWords, an auction-based advertising program; Google AdSense program for content owners; and Display advertising for advertising services. The company also offers Google Enterprise product line comprising Google Apps that provides hosted communication and collaboration tools; Google Search Appliance; Google Site Search; Google Commerce Search; Google Maps API Premier for interactive Google maps; and Google Earth Enterprise to visualize data in a geographic context.
Google Inc. was formerly known as Google Technology Inc. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.
For much of its 10-year history, Google spent money at a pace that was the marvel of Silicon Valley. It hired by the thousands and dished out generous perks, including three free meals a day, free doctors, ski trips and laundry facilities, and subsidized personal trainers. It let engineers spend 20% of their time pursuing pet projects. The company's goal was to develop new products that would reduce its nearly total reliance on selling ads connected to Internet searches.
Financial Report
Last Friday,Google reported gross revenue of $8.44 billion, up 15.8% sequentially and 26.5% year over year.Revenue growth may be attributed to a shift in advertising spending from offline to online properties, increasing contribution from medium and small-sized advertisers, success of the DoubleClick ad exchange, improving search algorithms and better ad quality. Google also stated that display, YouTube and mobile were the growth discoveries for 2010 and each represented significant growth potential for the company.
Google has a solid balance sheet, with cash and short-term investments of $35.0 billion, up $10.5 billion during the quarter. The company generated around $3.5 billion from operations in the last quarter and spent $2.5 billion on capex, netting a free cash flow of $981 million. Google has no debt.
Google Inc.(GOOG) financial year end is 31 December yearly.
Market capitalisation is 195.22Billion
P/E ration:23.19 & EPS:26.31.
The stock price is currently holding strongly above the bull pivot support.Last January's pullback with a long upper shadow candlestick has set the range for level play this month.
The current target:-will be rangebound till the next quarterly report.Aggressive buy if there's a pullback to December's candle half body.

Tracking the Dow on Friday,Index/options expiry day.
9:30am:--A bullish 40 points gap-up opener.Stronger earnings from General Electric Co. and Google, Inc., which overshadowed a disappointing report from Bank of America.

10:30am:--A shooting star at session peak followed by bearish pullback.Google shares reversed gains.

11:30am:--Bearish engulfing,further pullback to bear pivot support.

12:30noon:--A bullish retracement to bull pivot resistance.Bears are checking the advance.

1:30pm:--Another attempted rebound to the bull pivot resistance.

2:30pm:--Holding at the bullish pivot support.

3:30pm:--Hangman and hammer.

4:00pm:--Bullish harami.

A round of largely encouraging earnings reports late Thursday and early Friday boosted market sentiment.

The overall 3rd week candlestick is bullish with a range of about 100 points.It is a spinning candlestick.

Some tech sectors are overbought so there are bound to be corrections despite the good profit reports.

Worries about the robust China's economy and a possible rates hike is overhangging the markets again.Hope that this will be a temporary phenomena.