Friday, September 30, 2011

Google Inc. (NASDAQ:GOOG) Accuses Microsoft Of Piggybacking

Google Inc. (NASDAQ:GOOG) has accused Microsoft of 'extorting' profits from
others' success. Google Inc. (NASDAQ:GOOG) Accuses Microsoft Of Piggybacking
Google Inc. (NASDAQ:GOOG) has accused Microsoft of extorting profits from
others' success after Microsoft struck a deal with Samsung to license patent
portfolios, which will allow Microsoft to collect fees for every Samsung
smartphones and tablet which uses the Android operating system. A Google Inc.
(NASDAQ:GOOG) spokesperson said, "This is the same tactic weve seen time and
again from Microsoft. Failing to succeed in the smartphone market, they are
resorting to legal measures to extort profit from others achievements and hinder
the pace of innovation. We remain focused on building new technology and
supporting Android partners". Google Inc. (NASDAQ:GOOG) shares were at 522.43
at the end of the last days trading. Theres been a 4.2% change in the stock
price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.16 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.26 Zacks Rank: 11 out of 31 in the industry

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