Google's new cellphone search engine


Google (NASDAQ: GOOG) is opening a second front on its war to beat other search services from the desktop to the handset. The company already offers a version of its primary search service which works on mobile devices. But, its latest technology will allow users to search a large library of ringtones, games, and other services which they can then purchase. Google will probably offer premium positions on the search page that will be sold to make the company money.

According to The Wall Street Journal (subscription required), Google has been working with content providers for several months to index their products.

The new service will be troubling to two sets of companies. Cell service providers like AT&T (NYSE: T) already offer ways for their customers to buy products like ringtones. And, the cell companies keep a piece of that purchase. The Google operation can by-pass that and allow consumers to use its own CheckOut service to buy content.

The other group of companies that should be troubled by this are existing search companies like Ask (NASDAQ: IACI) and Microsoft (NASDAQ: MSFT). Each compelling new product that Google puts on handsets gives it a foothold in the market and pushes it closer to the dominant position it has on the desktop.

Douglas A. McIntyre is a partner at 24/7 Wall St.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 03:57 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1329080248775 ms.