Googles share price rockets on the back of its Open handset Alliance annoucement. A whopping $734.
What is the Open handset Alliance? They say it best,
Welcome to the Open Handset Allianceâ„¢, a group of more than 30 technology and mobile companies who have come together to accelerate innovation in mobile and offer consumers a richer, less expensive, and better mobile experience. Together we have developed Androidâ„¢, the first complete, open, and free mobile platform.
Didn’t take long! Seen as they just broke the US$600 mark before snapping up Jaiku. Reckon they’ll make it to the 1K mark?
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Who knows? Could I have predicted $740 a share? Nope.
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I think FSJ put it best in his recent post.
Choice quote here:
“Reason #2 — the only companies that join consortia are the ones who are too stupid or shitty to make a great product on their own. It’s like, Hey, we’ve got forty spazzo companies that can’t fuck their way out of a paper bag; let’s put them all together and maybe they’ll magically become some kind of big bad powerhouse. More likely it’ll just be some scary ass Frankenstein monster, walking around drooling and tripping over its own tongue.”
Hope this doesnt violate your all new non cursing rules Joe 😉
Full post here http://fakesteve.blogspot.com/2007/11/its-not-phone-its-alliance.html
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