Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Alphabet    GOOGL

ALPHABET (GOOGL)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Google takes on GoPro, Snap with compact smart camera

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/05/2017 | 04:16pm CET

Google's announcement that it was planning to launch a smart video camera as part of its push into hardware sent shares of action camera maker GoPro Inc down more than six percent on Wednesday.

Google Clips will be the first standalone camera from the search and advertising company, which has expanded its hardware business over the last year.

Its signature feature draws on machine learning technology to automatically begin recording when notable actions are detected. Those could include a child cracking a smile or a dog entering the frame.

It was one of a suite of new products unveiled by Alphabet Inc's (>> Alphabet) Google on Wednesday. Its move into smartphones, speakers and laptops has put the search giant into competition with Apple Inc (>> Apple) and Amazon.com Inc (>> Amazon.com).

Clips, which Google said is "coming soon," takes on compact cameras such as GoPro's (>> GoPro Inc) Hero5 Session and Snap Inc's (>> Snap Inc) Spectacles as each strives to make the process of recording video simpler and more mobile.

GoPro stock closed down 6.3 percent at $10.39. Shares of Snap, which derives revenue mostly from ad sales on its social media app, dropped 0.75 percent to $14.53.

Google's camera has a traditional shutter button. But users may also clip the camera onto an object and have Clips automatically record "stable, clear shots" of familiar faces set by the user, the company said. Each shot lasts seven seconds, and the battery survives about three hours in the smart-capture mode, according to Google.

"We hope Google Clips helps you capture more spontaneous moments in life, without any of the hassle," Google Clips product manager Juston Payne wrote in a company blog post.

Footage wirelessly downloads through an app for Google, Apple and Samsung smartphones. Video can be stored to an unlimited online storage locker provided by Google, and high-resolution photos can be cut from the clip.

At $249, it is comparable to GoPro's $299 Hero5 Session, which can be controlled by voice for handsfree usage. Snap's Spectacles, which are sunglasses with a video camera on one corner, records a 10-second video after the press of a button on the frame. They cost $129.

Session and Spectacles are typically used outdoors, whereas Google said its devices "works best when used at home with family and close friends." GoPro and Snap have not released smart-capture capability.

(Reporting by Paresh Dave; Editing by Jonathan Weber and Rosalba O'Brien)

By Paresh Dave

Stocks treated in this article : Apple, Amazon.com, GoPro Inc, Alphabet, Snap Inc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALPHABET
12/13 ALPHABET : 12.13.2017 Alphabet Announces Date of Fourth Quarter and Fiscal Year ..
12/13 ALPHABET : Google launching artificial intelligence research centre in China
12/13 ALPHABET : Google launches artificial intelligence research center in China
12/13 ALPHABET : Google launching artificial intelligence research center in China
12/08 PepsiCo to move to Nasdaq after nearly a century with NYSE
12/07 KEY TO PANDORA'S TURNAROUND : a better advertising platform
12/07 ALPHABET INC : Today’s Research Reports on Stocks to Watch: Alphabet Inc. and Ro..
12/06 EU urges internet companies to do more to remove extremist content
12/06 Google beats class action sex bias claims, for now
12/06 Google beats class action sex bias claims, for now
More news
News from SeekingAlpha
12/14 Amazon will resume selling Apple TV, Google Chromecast
12/14 Gold Rush To Tech Rush
12/14 Facebook And Alphabet Will No Longer Be Technology Companies
12/14 WALL STREET BREAKFAST : Mouse Hunts Down The Fox
12/13 DOJ confirms criminal investigation of Uber in Waymo case
Financials ($)
Sales 2017 110 B
EBIT 2017 27 005 M
Net income 2017 22 736 M
Finance 2017 69 845 M
Yield 2017 -
P/E ratio 2017 32,54
P/E ratio 2018 25,38
EV / Sales 2017 5,95x
EV / Sales 2018 4,78x
Capitalization 727 B
Chart ALPHABET
Duration : Period :
Alphabet Technical Analysis Chart | GOOGL | US02079K3059 | 4-Traders
Technical analysis trends ALPHABET
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 46
Average target price 1 172 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Lawrence E. Page Chief Executive Officer & Director
Sergey Mikhaylovich Brin President & Director
Eric E. Schmidt Executive Chairman
Ruth Porat Chief Financial Officer & Senior Vice President
Louis John Doerr Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ALPHABET31.82%726 741
BAIDU42.69%80 965
YAHOO JAPAN CORPORATION13.36%26 037
NAVER CORP--.--%25 504
YANDEX NV63.39%10 643
TAKEAWAY.COM108.00%2 451