posted by jessica.sooknanan in Money / Career
The sun sets on the Apple Empire
February 20, 2013
It looks like Google is giving Apple a run for its profits.
Tuesday morning, Google shares rose to $800 for the first time. All this growth happened mostly within the past seven months, all while the price of Apple stock tumbled downwards.
That lost Apple money went elsewhere - and a lot of it seems to have gone to Google. Apple fanatics have been less than thrilled with their latest products. The iPad Mini has been touted as an attempt to compete with the Kindle (at three times the cost), and the iPhone 5 was lack luster compared to the innovations of Apple's competitors. Apparently all these disappointments has been driving Apple loyalists straight into the beckoning hands of the competitions - namely, Google.
Google is also toying with the idea of opening a Google store. These stores will probably sell Google hardware - Chromebook laptops, tablets, phones, and the much-anticipated Google Glass.
Analysts say the opening of a Google store could be a goldmine for the company. Apple makes about $50 million per year off each Apple store. Nothing has been finalized for a Google Store, but it seems like the next logical step for this growing giant.
Has the Apple Empire be brought to an end by the rise of Google?
Do you think a Google Store would be successful for the company?
How do you imagine the Google Store to look?
Replies- Please Read The Terms of Service Before Posting:
blogs
Nick
Rep. Regina Quick pulls no punches on Chamber scorecard
ColtrainRep. Regina Quick, R-Athens, was one of two local delegates to score less than an "A+" in the Chamber of Commerce's annual legislative score card. She and I played phone tag Monday when I was reporting the story and I wasn't able to get her comments in a timely fashion. Instead, she sent over this statement Wednesday morning and she did not mince her words. (Links and italicized portions are my own; otherwise, it's as she wrote it.) Dear Friends: read more
Nick
UPDATED: Draft language of so-called curfew ordinance
ColtrainThe committee opted Tuesday night to put off deciding on the ordinance until, at the earliest, its next meeting. Of note: The Athens-Clarke County attorney highlighted that the proposed times are, in essence, placeholders for the commission to change or keep as it pleases. Full text of the Use of Public Right-of-Ways ordinance draft is below. read more
Find us on Facebook & Twitter