Google Inc. (NASDAQ:GOOG) has developed a tablet computer, called Nexus, to find a foothold in the emerging tablet market to compete with Apple Inc. (NASDAQ:AAPL) and its iPad. However, Google presented a smaller-sized tablet so as to not directly compete with the iPad and provide an entry-level price point for consumers. Now that Apple Inc. (NASDAQ:AAPL) is pivoting to present a smaller version of the iPad, it seems that Google Inc. (NASDAQ:GOOG) is readying a direct competitor to the original iPad – in other words, a bigger tablet.
Investors in Google Inc. (NASDAQ:GOOG), like billionaire fund manager Julian Robertson of Tiger Management, will certainly be following this development closely, especially seeing how a new, larger tablet will compete in the marketplace.
There have been rumors floating around that Google Inc. (NASDAQ:GOOG) would be making a bigger tablet computer, and apparently some of those rumors have some confirmations behind them – to the point of a possible specific launch date and price. Sources are saying that Google Inc. (NASDAQ:GOOG) will announce the arrival of the Nexus 10 tablet at an event to be held Monday. At that event, a new Nexus smartphone and new versions of the nexus 7 tablet are expected to be unveiled, and a Nexus 10 tablet was mentioned in an internal promotional video about the event.
There is no information yet as to when Google Inc. (NASDAQ:GOOG) will release a Nexus 10 to the public, but the guess is that it might be in the next couple of weeks to be on store shelves alongside the Apple Inc. (NASDAQ:AAPL) iPad and iPad Mini for the holiday shopping season. Also what is unknown is the expected retail price – though with the 7-inch tablet going for about $200 and the 8-inch iPad Mini retailing for $329, it’s possible that Google Inc. (NASDAQ:GOOG) may have an opening to sell its bigger tablet for a similar price as the smaller Apple Inc. (NASDAQ:AAPL) device. It is speculated that the new Nexus 10 would feature a 300-ppi resolution screen, which would be denser than what is expected to come from the new iPad 4 by Apple Inc. (NASDAQ:AAPL).