Chromebook to keep Cloud Stocks in Investors Minds - Chromebook Forum : Google Chromebook Forums
LinkBack Thread Tools
post #1 of 5 (permalink) Old 05-13-2011, 12:16 PM Thread Starter
Join Date: May 2011
Posts: 36
Chromebook to keep Cloud Stocks in Investors Minds

I just read this article about cloud stocks... I understand that everything is moving to cloud computing now, but doesn't Google own-and-operate its own cloud (in fact, the largest "cloud" in existence) ??

Not sure how Chromebooks would have an impact on other cloud stocks, other than the fundamental shift in market, and being a market leader. But I think that's already known and priced in.

Google's Chromebook To Keep The Spotlight On Cloud Stocks - Yahoo! Finance

Google (NASDAQ: GOOG - News) is planning to introduce its Chromebook line of laptops next month, a move aimed at bolstering the search engine giant's foray into computer hardware and one that could keep cloud-computing stocks in focus. The laptops, which will run Google's Chrome operating system, will debut on June 15 in the U.S., U.K., France, Germany, Netherlands, Italy and Spain, with more countries following in the coming months, Bloomberg News reported, citing the company.

The Cloud Computing Stocks Index is up half a percent today, sharply outperforming the broader market. Google, the largest U.S. provider of Internet search services, developed Chrome to rival Microsoft's (NASDAQ: MSFT - News) Windows and Apple's (NASDAQ: AAPL - News) Mac software. The Chromebooks will start $349, Bloomberg reported.

Looking at other cloud stocks, shares of NetApp (NASDAQ: NTAP - News) are down slightly despite being upgraded to "buy" from "hold" by Canaccord Genuity. The research firm also boosted its price target on the stock to $62 from $58.50, implying decent upside from where the shares currently trade.

Shares of (NYSE: CRM - News) and EMC (NYSE: EMC - News) are both up about half a percent while Riverbed Technology (NASDAQ: RVBD - News) is soaring 2%. (NASDAQ: AMZN - News) is lower by 1%.
CB4me is offline  
Sponsored Links
post #2 of 5 (permalink) Old 05-13-2011, 02:45 PM
Senior Member
modder's Avatar
Join Date: May 2011
Posts: 293
Send a message via MSN to modder
I suppose the Chromebook raises the stock of all cloud stocks because really it forces you to use cloud services, both Google's and the ones you already have.

modder is offline  
post #3 of 5 (permalink) Old 05-16-2011, 10:36 AM
Join Date: May 2011
Posts: 92
Definetly for online storage providers you would think it would increase.
geekyass is offline  
Sponsored Links
post #4 of 5 (permalink) Old 05-21-2011, 08:17 PM
Junior Member
Join Date: May 2011
Posts: 22
Meh, just use an sd card?
Ben is offline  
post #5 of 5 (permalink) Old 05-22-2011, 11:14 AM
Senior Member
Join Date: May 2011
Posts: 100
Yeah, if this Google cloud really works then other companies may think their own infrastructure. I mean the Google and the government have used cloud for years, now the rest of the world will catch up.
zora is offline  

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome