Google (GOOG 0.06%) just recently unveiled its new Android flagship, the Nexus 4. The biggest omission on the feature side is that the Nexus 4 will not feature 4G LTE data speeds. 4G LTE is the new standard the domestic market, where the two largest carriers, AT&T (T 2.34%) and Verizon (NYSE: VZ), are aggressively pushing LTE in the hopes of increasing data usage and revenue after spending billions in network expansion. The decision shows that Google is focused more heavily on the international market, where Android now has a 75% global market share. Apple's (AAPL 2.44%) iPhone comprised 60% of smartphone activations on AT&T and Verizon last quarter, so it's a more even competition in the U.S.
Is the Nexus 4 Domestically Doomed?
By Evan Niu, CFA – Nov 5, 2012 at 8:02PM
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This flagship device lacks a key flagship feature.
About the Author
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.