Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Gearing Up For Google

By

Making a few bucks pressing down the stock of a company like Google may be the ultimate selfish endeavor.

PrintPRINT
The tech world is buzzing with speculation about the possibility of a joint venture between Google (GOOG) and Dell Computer (DELL) to manufacture a gPhone to compete with Apple's (AAPL) much celebrated iPhone. Yesterday on the Buzz we noted that Marketing Week reports some industry insiders expect an announcement as early as next month at the 3GSM telecom conference in Spain.

Google has continually denied the rumors, stating on the official Google Blog that "[d]espite all of the very interesting speculation over the last few months, we're not announcing a gPhone." What Google is pressing, however, is an open source platform that it hopes will be the leading edge of mobile phone applications.

Partnering with telecom companies such as Motorola (MOT) and Qualcomm (QCOM) to create the Open Handset Alliance, Google is pressing forward with its development of Android, which it calls "the first truly open and comprehensive platform for mobile devices."

What is an open and comprehensive platform for mobile devices? Essentially, Android is an open source operating system and user interface that will run on mobile phones. Since its program code is "open," anyone can download the code, work with it and re-upload new and different versions for people to use. This allows developers to easily create innovative products for Android-enabled phones. Currently, most companies only allow in-house developers to work with a system's code, like Microsoft (MSFT) for its Windows Mobile.

While all this may sound exciting, experts and consumers alike are not sold on the idea. Technology news source Giga Omni Media calls the project "one massive PR move," citing its lackluster list of partners – Motorola, Sprint-Nextel (S) and T-Mobile – and the company's lack of a vision generate significant revenue from the project.

But maybe increasing the bottom line is not the goal. This is not the first time Google has spent time and money on a project aimed at benefiting society at large without a clear profit motive. Google's google.org philanthropy campaign forgoes some of the favorable tax advantages of corporate giving in favor of greater flexibility. Google.org is a for-profit initiative seeking to invest in startups around the world effecting change in areas like global poverty, disease and climate change.

After the recent post-earnings drubbings of tech leaders like Apple and Amazon (AMZN), short-sellers are likely licking their chops ahead of Google's earnings release after the bell today. However, making a few bucks pressing down the stock of a company like Google may be the ultimate selfish endeavor.
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opin= =3D =3D3D ion about the performance of securities and financial markets by = the wr=3D iter=3D3D s whose articles appear on the site. The views expresse= d by the wri=3D ters are=3D3D not necessarily the views of Minyanville Medi= a, Inc. or members=3D of its man=3D3D agement. Nothing contained on the web= site is intended to con=3D stitute a recom=3D3D mendation or advice address= ed to an individual investor =3D or category of inve=3D3D stors to purchase= , sell or hold any security, or to =3D take any action with re=3D3D spect t= o the prospective movement of the securit=3D ies markets or to solicit t=3D= 3D he purchase or sale of any security. Any inv=3D estment decisions must b= e made =3D3D by the reader either individually or in =3D consultation with = his or her invest=3D3D ment professional. Minyanville write=3D rs and staff= may trade or hold position=3D3D s in securities that are discuss=3D ed in = articles appearing on the website. Wr=3D3D iters of articles are requir=3D = ed to disclose whether they have a position in =3D3D any stock or fund disc= us=3D sed in an article, but are not permitted to disclos=3D3D e the size o= r direct=3D ion of the position. Nothing on this website is intende=3D3D d = to solicit bus=3D iness of any kind for a writer's business or fund. Mi= ny=3D3D anville mana=3D gement and staff as well as contributing writers wi= ll not respo=3D3D nd to em=3D ails or other communications requesting inves= tment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE