Google Plus Reaches A Landmark 60,000,000 Users And Wins Smartphone Wars, Says New Absolute Wealth Report.
Google Plus at 60,000,000 users, Google and Apple together winning the Smartphone wars, and creative innovation make Google a solid company with a solid stock price, says Absolute Wealth.
Austin, TX (PRWEB) January 12, 2012
Absolute Wealth analysts say that Google is a strong, solid company, even though Google Plus has been slow compared to the well-established Facebook user base. One day prior to Google Plus launch, former CEO Eric Schmidt publicly admitted that he "missed the boat on social networking" and waiting for so long to launch any products related to social media.
According to analysts at Absolute Wealth, "Google has been one of the most innovative companies in recent history, next to companies like Apple. According to Google Finance, Google's stock has improved 25% since October, but over the entire year it has started and ended at nearly the exact same price. Despite the turbulent world economy, Google is still a growing company and an attractive investment."
Absolute Wealth points out that "Google and Apple together have won the smartphone wars and now dominate the mobile smartphone market. In less than 18 months, Apple's and Google's combined market share of U.S. mobile subscribers for iPhones and Android phones went from 43.8 percent to 75.6 percent between August, 2010 and November, 2011."
Despite the naysayers and critics of Google, the search engine still controls over two thirds of the search market; however, the huge amount of resources Google put into its Plus program has taken away from the staff improving the search segment of Google. Yet search and Google Plus are not the innovative programs that are taking the world by storm; it's Google TV, Android and other innovative ventures will probably be what drives the company's success in the future.
Absolute Wealth gives powerful market intelligence and information. To get your free newsletter from Absolute Wealth and a copy of the book "The Great Fall of China and How You Can Profit", please visit the Absolute Wealth website at www.absolutewealth.com/.
About Absolute Wealth, Inc.
Absolute Wealth, Inc. publishes the Absolute Wealth e-newsletter and is a research publishing firm led by experts in the financial and stock markets. Strong editorial opinions plus expert experience, solid statistical and financial data, and independent research make Absolute Wealth one of the best stock investment and financial information websites on the internet.
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