“There’s no guarantee Google will remain investors’ favored stock,” Womack reports. “Apple Chief Executive Officer Tim Cook has said the company is exploring new TV-related products, and he has a team of engineers developing a wristwatch device, according to people with knowledge of the plans. A more robust Apple TV could add to revenue while spurring demand for other products, from apps to movies to high-end electronics. An iPhone-like watch could command margins in the neighborhood of 60 percent, according to a Bloomberg Industries analysis.”
Womack reports, “Google, for its part, is vulnerable in key areas. The company has yet to produce a hit product that would help it make good on the $12.4 billion acquisition last year of Motorola Mobility Holdings. The shift to mobile also has disadvantages because ads shown to handheld device users command lower prices than those appearing on personal computers.”
Read more in the full article here.