Google quarterly results fail to excite

Google's quarterly profit beat Wall Street expectations, but its revenue growth wasn't as stellar as some investors hoped, sending shares down 2%. While Google's revenue growth of 3% was slightly above average analyst forecasts according to Reuters Estimates, expectations for a bigger beat was built in the stock after Intel's strong report earlier this wk. "The whisper number for revenue growth was probably much higher & they came in a little lower," JMP Securities analyst Sameet Sinha said. The Web search leader said revenue in the 3 months ended June 30 totaled $5.52B, compared to $5.37B a year earlier. Analysts were looking for $5.49B, according to Reuters Estimates. Google posted net income of $1.48B, or $4.66 a share, compared to $1.25B, or $3.92 a share, in