In the world of Google Inc. (NASDAQ: GOOG), each passing day brings more news about some added feature, idea, business partnership or gadget, and today it is no exception. Despite much hype that Google would be announcing the "gPhone" today, instead: "Google along with 33 other companies are announcing Android, the first truly integrated mobile operating system." What's particularly notable is that it's available under a mobile open source license.
This is becoming very Google-esque -- a major partnership announcement! Google watchers (and shareholders) can appreciate that Google does not want to be in the hardware business, at least not right now. The company is in the partnering business. It has made the very wise decision to create as many partnerships as it can, attractive to both parties given that partners will make money by working with Google, without a new cost. Its selling point to Internet users: we are the nice guys and we bring you so many features that make your life easier and fun (sounds like Apple Inc (NASDAQ: AAPL)). How can someone resist that?
Google hopes to create not 'a' new platform for cell phones, but 'the' new platform for cell phones. In doing so the company will be expanding the Google universe.
In the past, when other companies came up with product ideas that either threatened Microsoft's existing businesses -- or created new products that management thought would be good for the software giant to compete in -- it was able to overtake its small competitors. WordPerfect, WordStar, Lotus Notes, NetScape, and Sony Corp ADR (NYSE: SNE) PS3's all were pushed to the sidelines. However, Google has grown so large, so fast, and in an area that Microsoft did not have a solid grasp upon, that it is now the 1000-pound gorilla in the room. Google has the momentum, and is making it very compelling for other companies to want to join up with whatever new developments it embarks upon. This, in turn, has created momentum in Google stock, which is now trading around $725 per share, up about 55% for the year.
Sheldon Liber is the CEO of a small private investment company and the principal for design and research at an architecture & planning firm.
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Reader Comments (Page 1 of 1)
11-05-2007 @ 3:44PM
Gumby said...
Want $1000 Goog stock? Ask your stockbroker to send stock certificate for $50 fee. Hold Goog forever and you will be glad you did that for $50! I am not kidding you only if there is enough numbers of you doing that to staunch the short sellers from tampering with your Goog shares. Your stock certificate will freeze your Goog shares untouchable. $50 for a stock certificate is a bargain for long term investors , indeed!
11-06-2007 @ 4:55AM
Troy said...
Great advice about getting the stock certificate. I wish I would've bought a longggggggggg time ago. Don't we all.