In an article on CNET, it was reported that Google Inc (NASDAQ:GOOGL) is going to broaden its platform and product this year. The article quoted CEO Larry Page, who thinks that when Google was started 17 years ago, its goal was to streamline the information on the web to make it more searchable. But now Google Inc (NASDAQ:GOOGL) has expanded beyond the borders, globally. It has become $50 billion annual business company. Google will introduce some big changes this year.
Google Glass will be launched for consumers this year. The internet-connected wearable device has been a problem for Google Inc (NASDAQ:GOOGL). It has no market, no fame among the masses. It is also facing some regulatory issues. Google Glass was banned in some cinemas and bars because it has a video recording device. The source said that despite of all these problems, Google Inc (NASDAQ:GOOGL) will release the consumer version. The company will launch it with a relatively low price tag to imbibe more sales.
Video ads and Youtube will the second area where Google Inc (NASDAQ:GOOGL) will increase its focus. The source said that Google has been quite keen in putting up the fight to sustain the Youtube stars on the platform. The company is much hopeful about its video platform, which gets a billion unique visitors every month.
Android is the most important and crucial area where Google Inc (NASDAQ:GOOGL) will work in 2015. Its newly launched Android One project was focused on letting the smartphone makers know about the hardware details of handsets they should make in the emerging markets. This project will give some positive results in 2015.
David Tepper’s Appaloosa Management Lp owns around 600,000 Google Inc (NASDAQ:GOOGL) shares.
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