This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Google Becomes a Hardware Company

NEW YORK ( TheStreet) -- Even if Apple (AAPL) earnings are better than expected when they're announced later this month, the stock will likely remain under pressure.

That's thanks to Google (GOOG), which is finally ready to get serious about hardware.

A year after buying Motorola Mobility, Google is finally ready to transfer its hardware "flag" from foreign makes to its own.

Google has been trying to unify its open source Android operating environment since 2010 with a series of phones under the Nexus name that offer what it considers the latest-and-greatest Android experience.

The first such phone was made by HTC, the next two by Samsung, and the latest (which I own) by LG. Once each new Nexus is released, the older models are discontinued, as this Wikipedia chart shows.

The Nexus 4 has been sold on Google's Play site since late last year, and is currently at a clearance price of $299, unlocked.

Unlocked means you can buy the phone, take it to any carrier, get a Subscriber Identity Module or SIM card, then start making calls without the need for a contract, or extending an existing contract. Discounts on phones, even "free" phones with carriers, are a great racket, because they lock in thousands of dollars worth of service over years for a few hundred dollars up-front.

Google has spent a year remaking Motorola, which many thought it bought for its patents. It pared the product line to the bone, laid off lots of people, put Googlers at the top of the executive heap, and designed the Moto X, which is expected to launch next month in North America.

A Canadian video about the device, leaked to Derek Ross of Android Authority and now on YouTube , shows the phone in a non-stop "listen" mode, even when off, allowing it to respond to voice commands, along with a camera that opens with two wrist flicks and can take pictures with a tap anywhere on the screen.

The launch will come just as Samsung, an Android supplier, has overtaken Apple to become the undisputed king of smartphones, even in terms of Web usage, writes 9to5 Google. Google is planning a marketing budget of $500 million for the phone, according to the same Web site, which is bigger than the product marketing budget of either Samsung or Apple.

1 of 2

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
GOOG $576.23 0.50%
AAPL $126.97 -1.20%
FB $81.57 0.83%
TSLA $202.96 0.26%
YHOO $43.89 -0.23%

Markets

DOW 18,130.23 +33.33 0.18%
S&P 500 2,099.18 +0.65 0.03%
NASDAQ 4,976.31 +9.1690 0.18%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs