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What the New Phones Mean for Your GOOGL Shares

1 | By Michael A. Robinson

The folks at Google did a press event yesterday in San Francisco in order to announce their latest hardware: new Pixel smartphones, upgraded laptops, a bunch of smart-home products, and even AI-powered wearable cameras. (Those were… odd.)

But will any of it “move the needle” for shares of Alphabet Inc. (Nasdaq: GOOGL)? That’s doubtful, I told the CNBC World audience last night. That’s because, as I said, “Google is not a hardware company.”

So if Google is not attempting to take on smartphone makers like Apple Inc. (Nasdaq: AAPL) and Samsung Electronics Co. Ltd. (OTC: SSNLF), what is it up to here?

To find out what I think, check out my latest appearance on CNBC World

One Response to What the New Phones Mean for Your GOOGL Shares

  1. a. Razzi says:

    The Samsung phone is cheaper than Google’s and have more of the advance features, plus it is also waterproof, where as Apple is not water proof,on the same line Google might not be water proof either.

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