Stock in Focus: A Report on Google (NASDAQ GOOG) Chromebook

Technology Stocks News 10

Here in this article we take a look at Google (NASDAQ GOOG) Chromebook. The device is seldom overlooked, especially because the company’s Android mobile operating system has achieved so much success over the years. But this is not something investors should sleep on. This is not something consumers in the market for a notebook should overlook.

Many vendors are excited about the future of their Chromebooks, realizing that this operating system can help it boost revenue. The nice thing about Chromebook, from Google Inc (NASDAQ GOOG)’s perspective, is that the company can let vendors do a lot of the heavy lifting. And that is exactly what is happening at the present time.

Acer is one of the top players when it comes to the Google Inc (NASDAQ GOOG) Chromebook market, and this is going to be the case on an even deeper level moving forward, due to its recent announcement of the Acer Chromebook 13. This 13.3 inch notebook is equipped with the Nvidia Tegra K1 4-Plus-1 quad-core ARM Cortex A15 processor, which is enough power and performance for most users.

Google Inc (NASDAQ GOOG) News: Chromebook

If that is not exciting enough, get this: the Acer Chromebook 13 will have a 13 hour battery life, while weighing in at a mere 3.3 lbs.

You don’t have to look any further than Acer CEO Jason Chen to realize that this has become big business for the company. He previously stated that the company is suffering from a Chromebook shortage due to increased demand. This is a problem no company wants to have, but it is certainly better than sitting on a pile of inventory that nobody wants.

Digitimes Research estimated second quarter Chromebook shipments at 1.5 million, making up 3.7 percent of all notebook shipments. Acer and Samsung were responsible for approximately 85 percent of shipments during the quarter, showing which companies are doing the most damage.

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Google Inc Financial News (NASDAQ GOOG)

Acer is on a roll in the Chromebook market, with its newest notebook set to make it way to consumers soon enough. This is making the higher-ups at Google Inc (NASDAQ GOOG), as well as investors, very happy.

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