Through internal development – and a variety of acquisitions – Google Inc. (NASDAQ: GOOG) has patched together an interesting suite of productivity applications. Now, of course, the company is moving towards monetization.
The suite includes Gmail, Calendar, Talk, Start Page (to create web sites), and Docs & Spreadsheets.
No doubt, this was widely anticipated, but Google has a lot of savvy in building suspense – so as to maximize PR value.
As for its latest offering, the focus is primarily for business users and the pricing is $50/user on an annual basis. This is actually fairly cheap. Keep in mind that salesforce.com, Inc. (NYSE: CRM) averages about $68/user on a monthly basis, albeit for a more robust system.
Cramer on BloggingStocks: Paulson and Bernanke step up to the plate
Google's $1.7 billion YouTube deal going down the tubes?
Before the bell: Futures lower as oil rises, despite Alcoa earnings
