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BEIJING -- Google Inc. Chief Executive Eric Schmidt said the California search-engine company is in a good position to weather a U.S. slowdown since its international operations serve as a natural buffer.
"Even if there is a U.S. recession, and especially if the U.S. dollar gets weaker, [Google tends] to benefit from currency effects," he said, though he didn't provide data or forecasts for overseas revenue.
Mr. Schmidt said Google is planning to unveil a redesigned Web site in China in the next couple of weeks in a bid to boost business there...
http://online.wsj.com/article/SB120578075381742705.html?mod=googlenews_wsj
So how did you guys do? Did you manage to balance your portfolio to ride the global financial realignment or did you just get stuck in dot Mobi?
"Even if there is a U.S. recession, and especially if the U.S. dollar gets weaker, [Google tends] to benefit from currency effects," he said, though he didn't provide data or forecasts for overseas revenue.
Mr. Schmidt said Google is planning to unveil a redesigned Web site in China in the next couple of weeks in a bid to boost business there...
http://online.wsj.com/article/SB120578075381742705.html?mod=googlenews_wsj
So how did you guys do? Did you manage to balance your portfolio to ride the global financial realignment or did you just get stuck in dot Mobi?
