Google's earnings came in below expectations, and its stock got pummelled. But there are many positive factors -- from Chrome and Android to its smart acquisitions -- that will help Google remain dominant in the future.
As Google and Apple shape the future of the wireless sector and Hewlett-Packard enters the fray, two of DailyFinance's most seasoned senior writers unravel the course that wireless will take and explain how you can profit.
The mobile wars have gone code red as cell-phone maker HTC, a key partner in Google's exploding Android mobile ecosystem, filed a patent lawsuit against iPhone-maker Apple. It comes two months after Apple filed its own patent suit against HTC.
In the heated battle for smartphone supremacy, Google's Android jumped past Apple's iPhone in the first quarter, grabbing the No. 2 spot for smartphone operating systems and pushing its rival to third, according to a market research report released Monday by The NPD Group.
Is Google's Android platform an iPhone-killer? Not yet, but new data shows Verizon Wireless's Google-powered Droid outsold Apple's original iPhone during the first 74 days that each device was on sale.
Apple, the high-tech powerhouse behind the iPhone, has sued up-and-coming Taiwan-based handset maker HTC -- which makes Google's Nexus One phone -- for patent infringement. The lawsuit is an incendiary development in the deteriorating relationship between Apple and Google.
Nary a week after Google unveiled its new Nexus One smart-phone complaints about shoddy service and weak developer support have begun pouring in. The complaints suggest that the Nexus One's honeymoon is now over.
As Google wades into the mobile market, the company is getting a crash course in the complexities that come with the new line of business. Among its problems, some Google partners, such as Motorola, may have been burned by the surprise launch.
News that could affect stock prices today: Kraft's Cadbury bid gets slim support from shareholders; Google releases its Nexus One smart phone; Ford, Toyota, Honda reported improved December sales; retailers saw strong finish to the year.