Internet search giant
) announced the launch of a notebook, which will be powered by
its mobile OS Android in the third quarter of fiscal 2013.
The new laptop will run on Google's flagship mobile Android OS
and may come with a touchscreen. Users will be able to access all
apps available in the Android app market through their laptop or
In Feb 2013, Google started shipping the Chromebook Pixel
priced at $1,299. This version comes with a high-resolution
) Core i5 processor and built-in 4G LTE cellular connectivity
) wireless network. Earlier, in 2011, Google launched Chromebook
featuring the Google Chrome OS.
According to DigiTimes, Google has managed to sell 500,000
Chromebooks to date and expects to cross the 1 million mark by
the end of 2013. Although Google is looking to get its devices
into the maximum number of hands on the strength of the Chrome
OS, its plans are clearly at an early stage compared to
), which sold 40 million Windows 8 licenses worldwide in the very
IDC estimates that tablet shipments may surpass desktops in
2013 and notebooks in 2014. Total tablet shipments may touch 190
million units, increasing at a compounded annual growth rate
(CAGR) of 48.7%. Currently, all PC makers are battling the slump
in the PC market caused by the sluggish economy. In addition, the
popularity of tablets running iOS and Android are cannibalizing
PC market sales, further deteriorating the scenario.
Thus, Chromebook's slow success may have prompted Google to
launch another laptop based on its already-popular Android OS.
Pricing will of course determine its success, since Amazon and
Asian players have their grip on the low end and Apple on the
In the fourth quarter of fiscal 2012, Google's gross revenue
(including TAC) touched a record $14.4 billion, representing
sequential and year-over-year increases of 2.3% and 36.2%,
respectively. Excluding the $1.5 billion contribution from
Motorola, revenues were up 21.9% from the year-ago quarter.
Google has a Zacks Rank #3 (Hold).
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