While Google’s Analyst Day seemed to go off without a hitch on March 2, 2006, word began leaking out today about some inadvertantly released notes on Google’s Analyst Day powerpoint slides, prompting Google to release a Form 8-K to the U.S. Securities and Exchange Commission (SEC).
It began noting that some information was included on notes within the Powerpoint presentation.
On March 2, 2006, Google Inc. posted its Analyst Day presentations on its Investor Relations website, http://investor.google.com/. The initial posting inadvertently contained certain annotated comments not intended to be presented at Analyst Day, including the following statements
One of the statements was notably a mention about AdSense, which the 8-K states as follows:
But strong competitors are attempting to aggregate traffic
- AdSense margins will be squeezed in 2006 and beyond;
Of course, full text of these notes was released on absolutevalue.blogspot.com. An easier-to-read version was then included on ZDNet blog. A total of 12 slides included notes, 2 of which mentioned AdSense specifically.
Here is what was said specifically about AdSense (I have included the entire text from a slide where AdSense was mentioned because it is relevant, although I have bolded the specific AdSense):
Slide #9 – More Complete Ads System