How Will Google’s Silver Program Affect Its Stock Price?

Google Inc. is a global company that is well known in technological circles. The company’s business is initially concentrated towards operating systems, advertising, enterprise, and hardware products. The company primarily generates its revenue through advertising the companies’ products and services through its online advertising program.

Recently, Google has initiated a ‘Silver Program’, which is designed for the improvement of customer support for the android devices. According to a well-known financial news platform, Bidnessetc.com, the Google Inc. aims to gain complete control over the Android ecosystem, through which it will be able to reach out a vast customer audience. Additionally, this will be done through making a lot more partnerships and agreements worldwide. Silver Program will initially target the OEMs, which are currently not that prominent in making up a larger segment for the Android market. Therefore, LG and Motorola are the prime targets for Google in the first phase of the Silver Program.

It seems as if the investors are taking a lot more interest in the Google’s business as the Silver Program will impact the stock demand in near future. Google stock price today has reached $526.66 with a positive change of 0.20%. The price since the last 3 months has gone up by 3.09%, which, according to many experts, is the direct result of the Google’s initiative to grab more control over Android market. This news has taken many competitors by surprise, as GOOG stock news is also bringing favorable future for the company itself.