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Alphabet Inc: Could Google Stock Hit $1000?


Profit Confidential
21 Oct 2016

Google Stock Will Rely Ever More on Hardware. The Shift Has Worked

Alphabet Inc(NASDAQ:GOOG), also known as Google, has gradually started to move beyond software. The company wants to become a true hardware manufacturer. The new "Pixel" and "Pixel XL" phones are an important step in this direction. The Google car project is another, but it remains in the research and development (R38;D) stage for now. The Pixel phones, rather, will be generating revenue, and it looks like they will be successful.

This shift, or rather.

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