Google Inc. (GOOG) Will Be the Next Apple Inc. (AAPL)?

Page 1 of 2

As Google Inc. (NASDAQ:GOOG) stock passed the never-before-reached $800-per-share milestone Tuesday, there has been some comparisons mentioned between Google at $800 and Apple Inc. (NASDAQ:AAPL) when it hit 700 a share last fall. Kevin Landis, CEO of Firsthand Technology Funds, which owns significant stakes in both companies, took to CNBC Tuesday to discuss Google and where it might be going from here, now that it’s achieved an all-time high.

“It certainly is interesting to watch,” Landis said. “Anytime you see a stock reach an all-time high, you have the good feelings and all that. But really, the question you have to ask yourself is, What has Google done the last few years to make itself worth more? And I think it all comes down to Android. In the mobile handset space it is pretty much down to a two-horse race, that being Apple and Android.”

Google Inc (GOOG)When asked about beig able to monetize Android, which Google Inc. (NASDAQ:GOOG) has not been able to reach full potential with, Landis said, “If you look back Google three, five, seven years ago, it was this amazing cash cow from paid search, and then it had all these experiments – Google Earth, Google Mail and everything else. They knew they had the luxury of trying a lot of new things to see what would work. At this point it’s Android and iOS, and everyone knows that at some point they’re going to make some money on this. You can’t quite weigh it just yet, but this is Coke and Pepsi now, so it’s a question now of how much and when, not if.”

Landis said that Google Inc. (NASDAQ:GOOG) likely wouldn’t be here without the work of Samsung in the smartphone space. “Right now they owe a great deal to their ‘frenemy,’ Samsung,” he said. “HTC has really stumbled, but Samsung has taken off and it is pretty much the standard-bearer for Android right now. Samsung is really making great phones and it is giving Apple a run for its money.”

And what about the talk of Google Inc. (NASDAQ:GOOG) establishing a chain of retail stores, like Apple Inc. (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT) have done in the past?

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!