Google (GOOG) just recently unveiled its new Nexus 7 tablet to the world. The 7″, $199 tablet is aimed at competitors Apple (AAPL) and Amazon (AMZN) in an attempt to capture part of this huge market. This is definitely a huge development to watch closely.OK
In looking more closely at a company like Google, it is important to note that people have massive expectations for massive companies, so it is important for these companies to continue innovating and bringing exciting new developments. Google seems to be doing well with this, but it may not be enough. While innovation is critical, people also expect strong profits and results from these companies. Google may be facing lower quarter-two revenues than expected, however, and an increase in competition may harm the company even more. While things do not seem too bad in the long term, I expect Google stock to be dropping in price relatively soon.
There has certainly been excitement about Google and Apple’s new 3D mapping services, but there is definitely a downside to this development as well. It should not be too surprising that these new maps are drawing privacy concerns, as the companies are using “military-grade spy planes” to capture these images. The companies can capture incredible levels of detail, which makes this particularly dangerous. Google is not making a good name for itself when it comes to privacy issues, but the potential success of these new maps may be more important for the company and the stock.To continue reading, click here.