Like continental drift, it’s the company that’s slowly gaining ground beneath people’s oblivious feet. Google (NASDAQ:GOOG) is morphing, and for technology there’s nothing as central as innovation.
Any investor bearish on Google stocks ought to focus his lens on the long-term, and that can also be reference to Google Glass. The Californian company’s projection blueprint has no allowance for latency in innovation and intensification, and this is something that should instill confidence in any investor.
What stability does Google offer?
Key to stability is that Google is waging a multi-faceted battle. Google is not just scraping up revenue through advertisements on its search engine and its software ecosystem, Android, but is in fact feeding off its competitors.
So complex is Google’s math going forward that Android’s creator, Andy Rubin, got caught in the permutations. While Rubin saw Android as a way to flatten out competitors on other platforms, primarily iOS and Windows on Nokia Corporation (ADR) (NYSE:NOK), Nicholas Carlson of Business Insider suggests Larry Page didn’t quite share the same ideology. Google currently makes more money from iOS than it does from Android, and Larry’s plan to beat the competition seemingly includes not absolutely obliterating it, even as Yahoo plans to wrestle Google off the iOS platform. Android raked in just less than $550 million for Google between 2008 and 2011. Its association with Apple (NASDAQ:AAPL) devices, which include its Google search engine and Google maps, produced more than four times the revenue collected from the Android platform. The figures Guardian calculated via court documents availed by Google over Oracle’s copyright infringement lawsuit.
Google still stands to gain
The gains of both Apple Inc. (NASDAQ:AAPL) and Samsung are boon to Google, even as they wrangle for market share. From January to April this year, Apple Inc. (NASDAQ:AAPL)’s iPhone 5 moved more units on providers AT&T, Sprint, and Verizon. Apple Inc. (NASDAQ:AAPL)’s share in profits from handsets stood at 57% for the first quarter, versus Samsung’s 43%. For the same period last year, Apple domineered at 74% against Samsung’s 26%. Apple Inc. (NASDAQ:AAPL)’s figures now face a steady slump with the introduction of the Samsung S IV. The release of an iPhone 5S is Apple Inc. (NASDAQ:AAPL)’s best bet to fend off the S IV’s larger 5-inch HD screen and more appealing features.