Google offers Internet TV by Chrome Cast - Google internet TV device
Internet search giant Google Inc. (GOOG) has called recently launched ChromeCast dongle black plastic, which can be connected to the HDMI terminal on the TV for Internet TV and other content in real time via Wi-Fi access. Google sells the device for $ 35th Be the best device to the Internet, to bring the TV could be easily bought Chromecast spontaneously.
Chromecast works with mobile devices based on Google Android and powered by the Apple Inc. (AAPL) iOS. While the addition of music like Pandora will be available soon, currently streaming bought the device visible content on the Google Chrome browser, including YouTube videos, content from Google Play and TV shows and movies streaming Netflix (NFLX).
In fact, Google offers a free 3-month trial of Netflix video streaming services with them and free online tv channels, which makes it particularly attractive as Netflix Emmy nominations. The device is available at Bestbuy.com, Amazon.com and Google Play.
The device streaming video on mainstream TV (via the transmission is being done on computers, tablets and smartphones. Chromecast with Google is trying to make its way into the living rooms of people. Technology companies to focus on digital entertainment space at home for a while, not only because of growth prospects, but also for many new technologies, including cloud.
However, competition will be fierce, and most large companies foraying in the technology sector to similar Internet video programming with Google internet TV device. Google is competing sells its own set-top box called Apple TV, Roku and other devices for the distribution of content, including game consoles like Xbox and Playstation with Apple Inc.
In addition, Amazon (AMZN) has also entered this space with their own set-top box. The chip maker Intel Corp. (INTC), is also eyeing the space and plans its own TV service and Internet set-top-box or Google internet android TV box, which she accompanies start. If Google can past to sharpen other giants of technology on the market attractive home entertainment is still wait and see history.
In the second quarter of fiscal year 2013, Google announced strong earnings of $ 7.81 per share, which missed the Zacks Consensus Estimate of $ 1.23 or 13.7%. Gross income from Google (including traffic acquisition costs [TAC]) amounted to 14.1 billion U.S. dollars, up sequentially and year on year by 1.0% and 19.5%, respectively. Autonomous sales increased by 1.2% Google sequentially and 19.5% on the previous year, but the growth rates remain behind Motorola.
Google Chrome cast TV has a Zacks Rank # 5 (Strong Sell).