Boston, MA 05/21/2013 (wallstreetpr) – Monday’s trading session saw Google Inc (NASDAQ:GOOG) down by 0.07%. It closed at a price of $908.53 which reached an intraday high of $920.60 before heading down to close at $905.00 per share. In excess of 2.27 million shares exchanged hands in the previous trading session, which was below the average volume of 2.39 million that was measured over a 30-day period.
It seems like GOOG is now one up even in the hardware innovation and design segment. This was an area in which Apple has slackened in recent years. Google is all set to launch an entirely new product category- Google Glass. This is something that its rival has not been able to do since the launch of the iPad. The media hype has been phenomenal, especially considering that the company is launching its very first piece of hardware.
Google Inc (NASDAQ:GOOG) is surely headed for extensive growth in 2013, especially if its range of new products work the way they should in the market. In the 2013 Q1, the GOOG stock rose by almost 30%. Some analysts feel that it will not be long before the shares hit the $1000 mark. Of course, there is always the possibility that Google is the favorite just this week and Apple is not a company that can be easily written-off. But the fact is that there is a lot of excitement around Google. Perhaps it is simply this week’s darling, but there seems much more excitement about Google right now and that this might me a sign of success to come.
