The profits of Google under the sight of the market.

After several months on the eye of the Hurricane for the struggle with China, Google will be again the center of attention for corporate reasons. The search Engine is the second technological company in the United States after Intel, that published its budget from the first quarter.

The results of the group will be carefully revised by the analysts, because the stocks of Google have been seriously affected by its problems with China, European regulations, and the pressure from competitors like Apple and Microsoft.

Google closed the first quarter of 2010 with profits of $4930 million, or $6.57 per share, according the consensus from analysts consulted by Reuterts agency. FactSet elevates the estimation to $6.59 per share.

But the market doesn’t use to take as reference the analyst’s forecasts because Google surpassed the estimations of profits from last six quarters.

According Reuters, investors take more into account the forecasts from the web site Whispernumber.com, that recompilates professional and individual investment expectations. His forecast for the first quarter is of $6.73 per share.

Although it seems few representative, this website is taken in account very seriously by investors. In the last quarter of the year, Google surpassed expectations from ‘official’ experts, but remained under the prevision of Whispernumber.com. The result: his shares fell by more than 5%.

In the first quarter of 2009, Google won $4100 million and registered a profit per share of $5.16. The company is releasing it’s figures today at the end of the session in Wall Street.

Goggle and Mobile phones

The market is also expecting any data that Google could offer about the evolution of his business in China and the behavior of Android, his new operational system for mobile phones.

This last point took special importance after the Federal Commerce Commission stopped today the purchase of Admob, a company of advertisements by phone.

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