Google Unveils Tablet (GOOG)

Share On Facebook
share on Linkedin

The tablet war just got interesting after search engine giant Google Inc. (NASDAQ:GOOG) unveiled its Nexus 7 tablet.

GOOG introduced its tablet at its I/O developers conference in San Francisco. The tablet has been designed by the company and built by Taiwan-based Asus. The seven-inch tablet will be available for $199.

With the Nexus 7, the Mountain View, California-based company is taking on Inc. (NASDAQ: AMZN). Amazon’s Kindle Fire tablet also sells for $199.

Google’s tablet weighs 12 ounces, which is two ounces lighter than Kindle Fire. It also features a much richer HD screen than Kindle Fire.

Google’s tablet launch comes just a few days after Microsoft Corporation (NASDAQ: MSFT) introduced its Surface tablet. However, the two companies have taken different approaches. While Google targeting the low-end of the tablet market with its Nexus 7, Microsoft’s Surface tablet is high-end and would compete with Apple Inc.’s (NASDAQ: AAPL) iPad.

The iPad currently dominates the tablet market, with a 62% share, according to estimate from IDC. Tablets run on Android operating system have a 36% market share.

Amazon’s Kindle Fire, meanwhile, has been the most successful tablet in the low-end of the market. It will be interesting to see if Google’s Nexus 7 will be successful in the tablet market, which is becoming increasingly competitive.

Google will start shipping Nexus 7 in mid-July.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

Do you want to write for our Newspaper? Get in touch:

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200812 21:17:40