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
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Acer Review: $250 Chromebook In; Microsoft Windows Out

Stocks in this article: GOOGMSFTAAPLINTCHPQ

NEW YORK ( TheStreet) -- Pundits left and right make fun of Google's (GOOG) Chromebook laptops, claiming they are toys that can't compete with Microsoft (MSFT) and Apple (AAPL). They are "not real computers," we are told -- not worthy, a fad -- sort of like the temporary netbook craze from early 2009.

Half of these deniers have never used a Chromebook for even a full day. They tend to be the same people who dismissed the iPhone in 2007 before even trying one. Perhaps they are also the same people who dismissed Tesla's (TSLA) car in 2012 without having driven one.

The computer snobs who make snarky comments about Chromebooks from the peanut gallery are as addicted to going to the Apple store for chronic Genius Bar troubleshooting as they are to their two daily large $4 lattes. If you can't edit Avatar on your laptop, or you can't play some juvenile computer game on it, it just isn't a real computer and therefore people don't want it.

Well, Acer is betting otherwise.

Acer has seen that a Chromebook has been the number one laptop seller on Amazon for, from what I can tell, 52 weeks in a row. It's gone from zero a short while ago to being in 22% of U.S. school districts now -- over 5,000 schools.

Google is taking the Vladimir Lenin strategy of attacking the incumbents: "Give me four years to teach the children, and the seed I have sown will never be uprooted," he said. The kids will graduate from schools hooked on Google's cloud services -- from Gmail to Google Docs. By that time, it will be too late for Microsoft and Apple.

With almost 500 million Gmail users and 80% world-wide smartphone market share, Google has already overwhelmed Microsoft and Apple in key services in short order. The remaining shoe to drop on the battlefield is the traditional PC.

Not wanting to get caught on the wrong side of the eventual ecosystem peace treaty, Acer is now moving aggressively to be part of the next generation of the PC. I'm typing this review on Acer's new $250 Google-based laptop, aka Chromebook.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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