The Mountain View, California-based Google Inc (NASDAQ:GOOG) would sell eyeglass-embedded computers to users by 2014 after incorporating feedback from developers, according to Google’s co-founder Sergey Brin.
Project Glass test gadgets with software and cameras, to offer speedy access to information in a display above the eyes, would be offered for $1,500 to developers who attend Google’s I/O developers conference in San Francisco and would ship in early 2013.
Brin stated in an interview that Google, owner of the world’s biggest search engine giant, is sharing the plan with developers to benefit from their work.
Also Google reported that the company moved into the hardware market at the conference on Thursday, showing its $199 Nexus 7 tablet to take on Apple Inc (NASDAQ:AAPL) and Amazon.com, Inc (NASDAQ:AMZN).
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Apple Inc. (NASDAQ:AAPL) increased +2.63% to settle at $584.00, Microsoft Corporation (NASDAQ:MSFT) moved up +2.27% to end at $30.59 while Netflix, Inc. (NASDAQ:NFLX) surged +1.67% to finish on Friday at $68.49.
Google Inc (NASDAQ:GOOG) on June 29, 2012 it increased +2.79% to the closing price of $580.07. The overall volume in the last trading session was 2.52 million shares. Its fifty two week range was $480.60-$670.25. The total market capitalization remained $189.12 billion.
GOOG is ahead its 52 week low with +20.70% and lagging behind from its 52 week high price with -13.45%. GOOG last month stock price volatility remained 1.72%. In its share capital GOOG has 326.03 million outstanding shares among them 258.84 million shares have been floated in market exchange. GOOG stock institutional ownership remained 83.49% while insider ownership included 0.10%.
The stock price of GOOG is moving down from its 20 days moving average with -1.89% and remote negatively from 50 days moving average with -3.11%. GOOG current year earnings per share experienced an addition with +13.10% while its current quarter performance remained -9.54%. Company’s beta coefficient included 1.08. Beta factors measures the amount of market risk associated with market trade.
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