Google Inc (NASDAQ:GOOG) shares for the second time slightly missed breaking a recently scored top price but closed at its best of $678.63, also higher than $677.18 on Wednesday when it marked a new high. The stock closed higher after failing to win a lawsuit against Apple Inc. (NASDAQ:AAPL). The company has recently decided to add more partners to the Google TV universe, with China-based Hisense preparing a Google TV set-top box that is expected to become available in the market later this year for under US$100.
Up until now it has teamed up with Sony Corporation (NYSE:SNE), Vizio, Samsung and LG, which are installing Google TV software in TVs and set-top boxes. The Hisense device’s strong rival would be Vizio’s $99 Co-Star Google TV set-top box, which has already sold out on Vizio’s website.
Google TV partner manager Mickey Kim said via an email that Hisense helps to provide even more innovation to the increasing number of Google TV-powered devices available across the universe. He added they are collaborating with partners such as Hisense in order to bring services from Google and many other providers to TV with an experience adapted for the living room.
Hisense plans to demonstrate the device at the IFA trade show, which is scheduled to be held in Berlin Aug. 31 to Sept. 5. A number of Google TV products are predicted to be publicized at IFA.
Conversely, for Apple Inc. (NASDAQ:AAPL), there has been no end of the rumor that it will introduce either a television set or a new range of TV services. But one analyst, Pacific Crest analyst Andy Hargreaves, currently argues that Apple executives have made it clear that no TV, or a TV service, would be available in the near future. Among other, two of Piper Jaffray analysts, Gene Munster and Douglas J. Clinton, continue to confidently agree that an Apple TV will be available in the market next year.
No comments:
Post a Comment