This column highlights the most interesting and useful news and commentary on Google every week.
The Statesman Sentinal
Link: Google Inc. Set to Release Multiple Nexus Smartphones on Oct 29, Google+ Hints
(NASDAQ:GOOG) is set to release multiple Nexus Smartphones on Oct 29 at a special Android event, Google+ hints about it. Microsoft Corporation
(NASDAQ:MSFT) has also decided the same day for its Windows Phone 8 launch....This message on Google+ is that the Galaxy Nexus will soon meet its younger brother(s) and hints about Google Inc. plans to reveal more than one device on 29 October.”
Link: Google Shifts Pitch for Its New Chromebooks
"Google has a new Chromebook. Although it looks like a laptop, Google’s Chromebook is competing with many other devices, including two announced this week, Apple's
(NASDAQ:AAPL) iPad Mini and Microsoft‘s Surface, not to mention Google’s own Nexus 7 tablet and Amazon.com's
(NASDAQ:AMZN) Kindle Fire. The Chromebooks were hastily announced Thursday, before this week’s big product events by Apple and Microsoft.”
Link: Google Inc Misses Q3 Earnings on Accidental Release: Revised
"Google Inc shares are down close to 9% after the tech giant mistakenly released its third quarter earnings around lunchtime. The company missed the Street’s estimates quite significantly, as analysts were expecting it to reach EPS of $10.65 a share; Google Inc reached just $9.03 a share. The miss of more than 15% comes after Google Inc beat earnings estimates in Q1 and Q2 by an average margin of 2.3%....The company, whi
ch has been in patent litigation with Vringo, Inc.
(NYSEAMEX:VRNG) this week, realized a big loss from Motorola Mobility, which was acquired earlier this year. The segment generated an adjusted loss of over $151 million for Google Inc.”
Link: Google to Surpass Microsoft in OS Penetration by 2016
“According to the market research firm, Google will be able to increase the number of Android devices in the market from 608 million today to 2.3 billion computers, tablets and smartphones by the end of 2016...”
Link: Mobile is a huge opportunity, not a threat, for Facebook and Google
“Wall Street and pundits have been in a tizzy lately over the rise of mobile and how it might decimate the ad-driven business models of Facebook
(NASDAQ:FB) and Google. They’re wrong. Instead of being a threat, mobile is a huge opportunity for both companies to grow their existing bases and expand into new markets. It just won’t happen in a quarter or two.”
Link: 5 Reasons Why Google Should Start Paying a Dividend
Perhaps time has come for Google to follow its predecessors, like Apple, Microsoft, and Cisco
(NASDAQ:CSCO), and come to the realization that massive growth cannot go on forever. It may be time to stop the large amount of reinvestment to fuel growth and use earnings to pay dividends to its shareholders.
No positions in stocks mentioned.
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