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January 22, 2013 at 15:00 PM EST
How to Play Google Earnings (Hint: Don't Forget the Sale of Motorola Homes)
This past Friday Google's (NASDAQ:GOOG) Chief Accountant posted a cryptic note on the company's investor relations page stating that the majority of analysts do not fully understand the pending Motorola Home sale's impact on their financial reporting.   The statement goes on to explain that the majority of analysts have incorrectly included the $2.35 billion sale of Motorola Home to Arris Group (NASDAQ:ARRS) in their 2012 sales estimates when the number should be included in the separate line item of 'discontinued operations.'   Should this hold true the consensus estimate of $10.54 earnings per share on revenue of $12.3 ...
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