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GOOG Bouncing In The Black
Markets are up as retail sales smash expectations. Shares of GOOG are bouncing around in positive territory. Investors continue look for Android momentum in the smartphone and tablet markets worldwide; Motorola acquisition integration; regaining ground in China; resurgence of Google TV;and continued growth of YouTube; expansion of social network Google+; and progress in other newer initiatives (location-based services, mapping, gaming, daily deals, Google Wallet, Google Music, etc.). The stock trades at approximately 12.2x Enterprise Value / EBIT.Motorola Pilfering From Research In Motion For Enterprise Users (BusinessWeek)
Motorola is tempting business users with cash to sell more phones as Research In Motion’s workplace grip slackens. Motorola is offering as much as $200 back to anyone who trades in a phone for one of its business devices. The offer, which includes access to MotoAssist IT service that helps synchronise phones with corporate networks, reflects an effort to seize more of the business market, said Christy Wyatt, a senior vice president.
Google’s Ad Executive Says personalised Search Coming (PCWorld)
Google’s top advertising executive, Susan Wojcicki, says that Google’s biggest innovations over the next several years will be in personalised search results and ads. To get to the level of personalisation she’s talking about, Wojcicki says “we’ll have to do some of the work that we’re doing now” and “getting to know our users better.” This is why you want Google to know everything about you. The more Google knows about you the more the ads you get for things that you are actually looking for. At the very least, they will reflect your interests. They’ll be useful.
Nearly Half Of Smart Mobile Device Users Accessing Apps For Local Info (SearchEngineLand)
A new report, Local Search Study (Localeze, 15 Miles and comScore) found that 49% of smartphone and tablet owners are using apps to find local information. Which makes sense; apps are popular and there are lots of apps that use location in one way or another. According to Google, 40% of browser-based mobile search has a local or offline intent. But what if half of the local search query volume on mobile devices (and tablets) goes through apps? It stands to reason that perhaps half their queries go through apps vs the browser. Likely an overall net negative for Google. Especially if the Google Map app ever gets replaced.
Next Version Of Android Could Be Released Later This Year (PCWorld)
Google is not letting on much about the next version of Android, even though it is rumoured to be coming to a smartphone by early summer. Based on comments made by Hiroshi Lockheimer, vice president of engineering for mobile at Google, it will likely be rolled out in the fall. “In general, the Android release cadence is one major release a year with some maintenance releases that are substantial still.” That statement would suggest a fall 2012 time frame for the release of Android 5.0 (Jelly Bean), given that Android 4.0 was released last November.
Facebook Crushing Google+ And All Others (Business Insider)
Facebook is absolutely dominating other social networks. Users are spending more than 6 hours on the site for the month of January, according to a report by the Wall Street Journal. comScore released some new data on social media site usage for the month of January. The next closest competitor is Tumblr where users only spent about an hour and a half. Google+ isn’t even worth mentioning.
Smartphone Sales To Reach 1.5 Billion Units By 2016 (BI Intelligence)
Smartphone sales blew past the number of PCs sold last year, and they’ll be nearly twice PC sales this year, analyst Alex Cocotas of BI Intelligence predicts. More startling, smartphone sales will exceed 1.5 billion units per year by 2016. This compares to about 350 million PCs and 1.7 billion mobile handsets sold globally last year. Smartphone sales will be driven by two main factors: replacement of “dumbphones” and price declines. This will obviously have a huge impact on the mobile Internet economy, which is already exploding from the growth of smartphone penetration in the past few years.
Google Joins Apple And Microsoft For Most Popular Hedge Fund Stocks (Insider Monkey)
Hedge funds are known to be short-term oriented but when we look at the most popular stocks among hedge funds we see that they are focused on the long-term more than expected. Apple and Microsoft have been among the top three most popular stocks since at least the end of 2010. This is consistency and both stocks outperformed the market over the last year. For the past two quarters Google joined them. Even George Soros bet more than $150 million on the stock.
Schmidt Gets Fired Up About Connectivity At The MWC (The Register)
Eric Schmidt, presenting at the Mobile World Congress (MWC), has got only one thing on his mind: data. The executive chairman isn’t fussy about who will bear this information, although he loves fibre and wants the whole world hooked up. While many people see mobile broadband as a replacement for fixed infrastructure, Schmidt believes it’ll be ideal for where it’s too expensive to put in a cabled system. He thinks fixed-line networks will grow dramatically, but that it is not sufficient to meet both demand and the social need for connectivity. He also talked about a Google currency. Oh yes, ‘Google Bucks’ was almost a reality.