Google Pixel 11 to Increase Price and Eliminate 128GB Model
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10 hours ago
0mins
Source: seekingalpha
- Price Increase: The Google Pixel 11's 256GB model will start at €999 in European markets, marking a €100 increase from the previous 128GB model priced at €899, indicating a strategic shift towards higher storage configurations that may influence consumer purchasing decisions.
- Storage Configuration Change: The elimination of the 128GB option mirrors Apple's recent move to a 256GB minimum for its latest iPhones, potentially reshaping market dynamics and prompting competitors to adjust their offerings accordingly.
- Launch Schedule: The Pixel 11 is set to be released on August 20, with a launch event scheduled for August 12 in New York City, which is expected to generate significant media and consumer interest, thereby enhancing brand visibility.
- Product Diversity: The Pixel 11 series will feature various color options such as Light Sterling and Midnight Haze, while higher-end models like the Pro and Pro Fold will offer larger storage capacities, aiming to cater to diverse consumer preferences and strengthen market appeal.
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Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to fall
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 356.180
Low
255.00
Averages
336.08
High
400.00
Current: 356.180
Low
255.00
Averages
336.08
High
400.00
About GOOG
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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