Analysts said there could be challenges on the horizon, however, as Baidu's fourth quarter revenue projection came in below expectations.
Baidu, which is listed in New York, said Monday revenue in the October to December period will range from 6.16-6.35bn yuan. Economists had estimated about 6.14bn yuan for that period.
Now, I'm no financial wizzkid or anything, but I thought that 6.16-6.35 was greater than 6.14, and so the projection is above analysts' expectations. But then financial/market analysts are cunts.