Will Google's Stock Ever Stop Going up? Two Announcements Have Investors Salivating
Google, Inc. officially announced Monday plans of next year's release of the highly anticipated open-source mobile platform after months of Google Phone rumors and mania. Taylor gives more detail on her post earlier today. Below is the brief version as well as another exciting Google announcement.
The software driving the "Google Phone" is being developed with the help of 30 leading mobile manufacturers and operators, some of which belong to the "Open Software Alliance." These engineers include the likes of Motorola Inc., Qualcomm Inc., Sprint Nextel Corp., Intel Corp. and German carrier T-Mobile.
In the same way Microsoft used outside developers to write programs for its Windows software platform. In the same way Windows is the default pc platform "Google wants to make its mobile platform the standard," according to Charlene Li, an analyst at Forrester Research.
The platform created to power the phone has been dubbed Android, appropriately enough, and the hopes of chief executive Eric Schmidt are that Android will, Make it possible to do anything you can currently do on your PC to be possible on your mobile device
Open Sorcery
Last week, Google unveiled OpenSocial, a platform for creating software for social networks such as MySpace and LinkedIn. Open source tools and software have a special place in the heart of developers, programmers, and publishers including one of the then youngest co-founders of Google, Sergey Brin. Brin recalled working as a graduate student 10 years ago and building the online search giant using open-source tools, including HTML.
"We had a set of tools that were the open technologies of the time, and they allowed us to do great and innovative things," Brin said. "The phones today are actually more powerful than the computers we used 10 years ago. I can't wait to see what the next generation of innovators will do with these new tools."If you type in Google Stock on Google on the forth listing is an article produced by The Motley Fool, a popular free investing advice site, which according to one of their authors Google is the "Worst Stock for 2007." Who's the fool now? Free advice is often more costly than paid advice. Will Google's Stock Ever Stop Going up? I hope not. With the help of Dallas Investment Advisor, Matt McCracken, I purchased one Google share with my company IRA in mid October and it has increased in value by 20% in two weeks. With release of Android next year, some analysts are predicting shares doubling in their value of today. This does not make me anywhere close to rich of course, but maybe in 40 years I'll have a good retirement on Google. Thanks GOOG.
