Google Inc (NASDAQ:GOOGL) has a lot going for itself with its new android operating system, Lollipop, its e-commerce platform, the payment platform, but not the earnings for this quarter apparently. However, Google’s strength as a tech giant shouldn’t be underestimated and if not today, then soon its shares will pop. On CNBC, Jeremy Rosenberg of Allison & Partners explained what is great about Google, as a company.
Besides the New models of both Nexus tablet and smart phone that Google Inc (NASDAQ:GOOGL) is sceduled to release soon, they are two other bright prospects for the company in the future. Firstly, its the wearables that its new operating system seems to be fit to tackle and secondly, its delivery service.
“[…] Starting with Android 5.0, which is now dubbed Lollipop, there is going to be greater integration with wearables. It is going to be a big key as they know have competition from Apple in that market space, and a lot of people expect that to be a huge growth area […],” informed Rosenberg.
Google Inc (NASDAQ:GOOGL)is a technology firm and no matter which business the company chooses to enter, it revolutionizes it with sheer power of innovation. With regards to Google’s delivery service the tech giant has actually set a division which works on delivery drones. The project is rumored to be in place for quite long and people working on it don’t just see it as a possibility but a reality.
Rosenberg also shed some light on Google’s delivery services which are going to snatch the market share from its competitors, who are not as tech savvy.
“Google Inc (NASDAQ:GOOGL) is introducing new services that are starting to go head to head with some of the same day delivery services such as Amazon Prime. They have expanded their Google Shipping Express into Google Express which now has additional markets and a subscription model which is really going to allow people to order as much as they want, similar to an Amazon Prime model […],” said Rosenberg.
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