This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Google's $249 Laptop: Can It Really Hurt Apple?

As Wahlman does explain, you will not be able to run programs such as Skype and Photoshop or any software outside of the Chrome platform on this thing. However, he glosses over these limitations.

Chromebook is a tablet with a keyboard -- nothing more, nothing less. It doesn't "compute" as much as it lets you "surf the Web," check email and process words in Google Docs. Try keeping multiple tabs or windows open while running a YouTube video. Luckily, the machine will only cost $249 to replace after you chuck it out your window in frustration.

A CNET review provides what is probably a more realistic take.

CNET notes, among other things, that the Chromebook's touchpad doesn't come close to Apple's. It also points out that due to "its sluggish performance sometimes," Google's $249 laptop isn't for "power users accustomed to having more than a couple dozen browser tabs open" at one time.

My kid and my 65-year old mother must be power users then!

Amazon.com (AMZN) gets ripped for breaking even on Kindles. But I can't imagine Google is making mad margins on these low-end laptops. So, what's the point then?

Amazon does what it does to drive hardware buyers to its wide-ranging e-commerce ecosystem. For the time being, Google generates nearly all of its revenue from advertising. This cheap computer will minimally further that cause, if at all.

If this is a humanitarian effort by Google, I appreciate the intent, but it will fizzle on those grounds as well.

I don't see families living in poverty in Los Angeles, let alone, Somalia, running to the Google Website or elsewhere to shell out $249 plus tax for a computer.

Google will not do to Microsoft and Apple what Amazon and Walmart (WMT) did to record and bookstores. Nor will it even replicate Dollar General's (DG) negligible impact on Walmart.

This focus on price and "copying" Apple's Macbook Air should trigger worry for consumers and investors.

A few days ago, Google Chairman Eric Schmidt argued that a recent hallucination he had -- the perceived battle between Apple and Android -- will drive prices down, making things better for us non-millionaire peasant consumers.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $113.29 0.00%
GOOG $630.38 0.00%
MSFT $43.93 0.00%
FB $91.01 0.00%
TSLA $248.48 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs