Google Inc (GOOG)’s New Device: Boon for Netflix, Inc. (NFLX), Trouble for Apple Inc. (AAPL)?

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Besides, Chromecast’s current content offerings should be more than enough to keep most folks busy until Google Inc (NASDAQ:GOOG) expands its reach.

I’ll admit Apple Inc. (NASDAQ:AAPL) certainly doesn’t rely on Apple TV to sustain its thriving business, and that’s not to say the folks at Cupertino won’t come out and stun the world with some amazing new Apple TV-esque product we simply cannot live without. But what happens if one of the awesome new products CEO Tim Cook keeps promising we’ll see over next year ends up being anything close to Google’s Chromecast? In that case, you can bet Google will be more than happy to relish in its advantage as an innovative first-mover in the space.

The article Google’s New Device: Boon for Netflix, Trouble for Apple? originally appeared on Fool.com.

Fool contributor Steve Symington owns shares of Apple. The Motley Fool recommends Amazon.com, Apple, Google, Netflix, and Pandora Media (NYSE:P). The Motley Fool owns shares of Amazon.com, Apple, Google, and Netflix.

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