Wireless Uncertainty Provides Upside Potential for Investors
The wireless sector faces big changes in the months ahead as Hewlett-Packard (HPQ) completes its $1.2 billion acquisition of Palm, and Apple (AAPL) and Google (GOOG) compete head to head not just on hardware, but on software and mobile advertising.
Google recently pulled out of China raising questions about future growth for the company. Here in the U.S., Google faces regulatory uncertainty and the company's efforts to sell its own phone, the Nexus One, flopped as wireless carriers decided not to distribute it. Even so, Google's Android operating system is going gangbusters. According to a survey by NPD Group, phones with the Android OS are now outselling Apple iPhones.
Apple, for its part, is scrambling to boost its sales, given its drop to third place, after Research In Motion (RIMM), which sells the popular BlackBerry smartphone and Google. But Apple is also depending on rampant growth of its new tablet, the iPad, to continue to boost revenue.
As Google and Apple shape the future of the wireless sector and Hewlett Packard enters the fray, I asked two of our most seasoned senior writers, Sam Gustin and Dan Burrows, to unravel the course that wireless will take. In the short video below, you get not only their insightful views, but also their views on how to best profit from the growing wireless sector.