Did Investors Overreact to Google's Earnings? (GOOG)

Did Investors Overreact to Google's Earnings?

Anyone paying even the slightest bit of attention to the financial news today had to notice Google's unexplained early earnings release and the sell-off that ensued. The stock sank some 8% in the moments following the release. And while the numbers were certainly lower than what Wall Street had hoped, the numbers themselves don't seem all that bad. Let's take a second to see if cooler heads might prevail and look at the fundamentals -- as any Foolish investor should.

Some might argue Google's earnings release isn't even the biggest news effecting the search giant to emerge this week. Earlier this week, Apple sent out invitations for a big event on Oct. 23 in San Jose, Calif., where the company is expected to reveal the next big Apple product. We've compiled a special report on what this announcement means for Apple investors, and it's available now to members of our Apple report. To find out how to play this announcement, click here now.

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Andrew Tonner has no positions in the stocks mentioned above. Follow Andrew and all his writing on Twitter: @AndrewTonner.

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