Submission + - Google's impact on economy dismissed as gimmick 1
goG writes: Internet search engine giant Google Inc. (GOOG) revealed, its economic impact in all 50 states, saying it contributed $54 billion of economic activity for over 1 million American businesses, website publishers and non-profits in the past one year. However, many analysts have dismissed Google's published report as nothing more than a marketing ploy to boost its flagging image and attract investors.
"Google has lost control of its image. People have trouble investing in a company that has a declining image," Enderle said, adding that often a company, whose image has taken a battering, resorts to commissioning economic and other reports for public support.
"Google has lost control of its image. People have trouble investing in a company that has a declining image," Enderle said, adding that often a company, whose image has taken a battering, resorts to commissioning economic and other reports for public support.