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Google Inc (GOOG) Chromebook Performing Well Despite Market Slowdown

The fact that the PC market is on the decline is no big surprise to most people. We covered this story in great depth yesterday (see the full recap here), taking a closer look at just where things are going to head from here. While most PC makers struggle with this change, it appears that Google Inc (NASDAQ:GOOG) is the exception to the rule. Rather than experience a fall off like so many others, its Chromebook is performing well at the present time.

Google Inc (GOOG)

WRAL Tech Wire has published some interesting information regarding the Google Chromebook and how it is performing. You may be surprised at what you hear:

“Chromebooks have in just the past eight months snagged 20 percent to 25 percent of the U.S. market for laptops that cost less than $300, according to NPD Group Inc. The devices, which have a full keyboard and get regular software updates from Google, are the fastest-growing part of the PC industry based on price.”

This is good news for Google Inc (NASDAQ:GOOG), showing that the company is still able to compete at a high level despite the fact that others continue to struggle as the PC market declines on what seems like a quarterly basis.

Whether or not Google is able to keep up this pace into the future is yet to be seen. With the tablet and smartphone markets growing, the number of people using PCs will continue to decrease. Of course, this doesn’t mean the market is going to die off completely at some point in the near future.

Here is more from the article, explaining why Google Inc (NASDAQ:GOOG) Chromebook models have been able to achieve some success while others slack off:

“The growth follows the unveiling of low-cost Chromebook models from Google’s hardware partners Acer Inc. and Samsung Electronics Co. last October, at prices starting at $199, down from about $300 or more.”

The cost alone may have a lot to do with why Google has been able to stand strong while the competition continues falls. It will be interesting to see if consumers continue to gravitate towards the Chromebook in the future, especially if the price stays below the competition.

In the months to come, we are going to keep a close watch on the PC market as well as how Google Inc (NASDAQ:GOOG) is performing.

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