If rumors buzzing around the tech blogosphere are to be believed, you might soon see a physical Google Store opening up near you.
Wall Street evidently took the bait. The Google Store rumors appeared last Friday and gain traction over the long Presidents Day weekend. On Tuesday, the company made Silicon Valley history when shares in Google passed the $800 mark, a first for any tech company.
Days after that all-time high and a 14% jump from the beginning of the year, Google?s stock closed out the week today at $799.71. In comparison, Apple just passed the $700 line last year after Tim Cook announced the iPhone 5, but shares in that company have dropped steadily in the months following. Cupertino closed out the week at $450.81.
Google is on track to not just rule Silicon Valley, but Wall Street. Analysts are saying the stock could surpass $1,000. Right now, according to the Wall Street Journal, there are only three companies with stock priced higher: Berkshire Hathaway's Class A shares, Seaboard, and NVR.
The Google Store, a page taken directly out of Steve Jobs? playbook, is obviously building up a lot of buzz.
Seth Weintraub of 9to5Google.com broke the story Friday.
?An extremely reliable source has confirmed to us that Google is in the process of building stand-alone retail stores in the U.S. and hopes to have the first flagship Google Stores open for the holidays in major metropolitan areas,? he wrote.
The stores would sell Android products, like smartphones and tablets, alongside Chromebooks and potentially other Google merchandise.
Most excitingly, the stores are probably being built to showcase Google Glass, a project Mountain View has been developing for years and with an announced 2014 release date. According to the information available, Google Glass is a integrated augmented reality system?basically, funky, futuristic eyeglasses that would tell you the temperature outside or how to check your oil, all with a look.
?The decision to open stores, I?m told,? Weintraub continues, ?came when drawing up plans to take the Google Glass to the public. The leadership thought consumers would need to try Google Glass first hand to make a purchase. Without being able to use them first hand, few non-techies would be interested in buying Google?s glasses (which will retail from between $500 to $1,000). From there, the decision to sell other Google-branded products made sense.?
With the soaring stock price and these new stores, along with their reputation of innovation, Google might be the Apple of this decade.
Source: http://www.allvoices.com/contributed-news/14099996-the-google-store-outappleing-apple
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