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Monday, January 25, 2021

Alphabet Inc (GOOG)’s Google Nexus 2016 and Android 7.0 Nougat Expected to Launch on same time

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There are some latest rumors about the Alphabet Inc (GOOG)’s Google Nexus smartphones and the official version of Android 7.0 Nougat that these will be released in the same time this year.

According to the reports by Yibada, the Nougat beta version was labelled as the “Developer Preview 5” at the time of its launch and there are expectations that the final Android OS version will be introduced after its release. Although there are no details disclosed about the launch of Android 7.0 Nougat, but the rumors propose that it will arrive at the same time when Google will release its new Nexus 2016 smartphones between August and September. There are also views that Android 7.0 Nougat can also be released before its due date.

According to some reports, there is a possibility that Alphabet Inc (GOOG)’s Google will collaborate with HTC for the production of the next batch of Nexus smartphones. HTC is likely to be busy in developing two novel variants of the Nexus phone, namely the Nexus Sailfish, 5-inch smartphone, and the Nexus Marlin, the 5.5-inch phablet.

The Daily Sun and some other tech analysts stated that as the HTC even now has to concentrate on its personal manufacturing of smartphones, there is possibility that HTC will not continue for the long-term partnership with Google.

The newly launched HTC 10 is performing well in the markets. So to sustain and its achievements and growth, it may leave the partnership.

Recent Financial Outlook:

Shares of Alphabet Inc (NASDAQ:GOOG) moved up +0.57% and closed at $741.19 in the last trading session. Moreover, the stock has yielded a positive weekly and monthly performance of 3.38% and 6.84% respectively.

Stock Recommendation:

Analysts at Wall Street have given a “buy” rating on the stock and are optimistic about the stock with the target price of $918.70.

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