Google’s Wearable Computing Bet Might Be Too Much, Too Soon

Google (NASDAQ: GOOGL  ) (NASDAQ: GOOG  ) is having trouble selling wearable computing as the next big thing, Fool contributor Tim Beyers says in the following video. How so? A recent study from market research firm Toluna found that roughly 72% of those surveyed said they wouldn't wear Google Glass because of privacy and security concerns. That's a huge potential barrier, Tim says.

Several possible vulnerabilities are at issue. Certainly hackers exposing data is one, but so is the notion of being under self-imposed surveillance. The very act of wearing a digital device such as Glass could inadvertently make once-private moments public.

For investors, the question is whether Google is making too big a bet on the wearable computing market while skepticism is riding so high. Tim says he isn't concerned, if only because the company's overcome earlier privacy gaffes made for the sake of improved functionality.

Look at the evolution of Google Plus and logins. No longer just a social network, the system now acts as a gateway to every one of the company's products and more than a few third-party websites. If Google tracks your every move, Google Plus supplies the radar. Today, the network serves at least 300 million active users (though the real number may be closer to a half-billion).

Investors should find that reassuring. Everyday consumers may resist Google's early efforts with wearable computing, but if history proves anything it's that the search king does best in getting its wares to market quickly -- and then reinvesting or pulling the plug as business needs dictate.

Now it's your turn to weigh in. Do you believe in Google's wearable computing strategy? Please watch the video to get the full story and then leave a comment to let us know your take, including whether you would buy, sell, or short Google stock at current prices.

The biggest thing to come out of Silicon Valley in years
Google may be struggling with wearable computing, but Apple? Wait until you see this. One hundred of the Mac maker's top engineers are busy building one in a secret lab. And an ABI Research report predicts 485 million of them could be sold over the next decade. But you can invest in it right now... for just a fraction of the price of AAPL stock. Click here to get the full story in this eye-opening new report.


Read/Post Comments (1) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 25, 2014, at 9:28 AM, shoprecord002 wrote:

    "the search king does best in getting its wares to market quickly".

    My comment about this statement is: only when a google product is dirt cheap upfront, or free to be exact. Otherwise a pricy google product won't stand a chance in the market. Investors are not actually reassured in this glass product.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2924765, ~/Articles/ArticleHandler.aspx, 8/21/2014 10:53:59 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement