Analysts are hoping to glean insights into likely cable competitor Google (Nasdaq: GOOG) when the company details its first quarter earnings after market close today.
Google is starting a new era under the direction of CEO Larry Page who has "long expressed his belief that Google should invest heavily in opportunities that may take years to pay off," a story posted on Forbes.com stated.
Investors fret over what this means to Google's short-term financials; cable interests should be listening to see where Google's long-term TV plans are headed.
For more:
- Forbes.com has this story
Related articles:
Google reloads, refocuses with YouTube acquisition of Next New Networks
Swimming pools, movie stars: Google moves into Beverly Hills