Thursday, July 25, 2013

Google to launch new Nexus tablet: WSJ

LONDON (MarketWatch) -- Google Inc. /quotes/zigman/93888/quotes/nls/goog GOOG +0.65% is expected to unveil the second generation of its 7-inch Nexus 7 tablet at a company event in San Francisco on Wednesday, according to The Wall Street Journal, in what is expected to be a major challenge to Apple Inc.'s /quotes/zigman/68270/quotes/nls/aapl AAPL +5.88% iPad and Amazon.com Inc.'s Kindle Fire. Citing details released by retailers, The Wall Street Journal said the new tablet, which could be available as early as next week, will be powered by an updated version of Google's Android system and will likely cost $229 with 16 gigabytes of storage and $269 for 32 gigabytes. A comparable iPad mini costs $329 and Amazon's Kindle Fire is currently priced at $159. Google's Nexus range also includes a 10-inch Nexus tablet and a 4-inch Nexus smartphone. Android currently leads over Apple in the tablets market.

/quotes/zigman/93888/quotes/nls/goog

US : U.S.: Nasdaq

Volume: 954,917

July 24, 2013 11:27a

Market Cap

$299.85 billion

/quotes/zigman/68270/quotes/nls/aapl

US : U.S.: Nasdaq

Volume: 11.78M

July 24, 2013 11:27a

Market Cap

$393.28 billion

Source: http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/AqiZleduvAg/story.aspx

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