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MarketFoolery

MarketFoolery: 05.12.2011

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 12 May 2011

⏱️ 10 minutes

🧾️ Download transcript

Summary

Google unveils a cloud-based laptop. Will Google's Chromebook test Microsoft's mettle? Shares of Cisco slip after the company lowers earnings guidance and announces plans to cut more jobs. What can the networking giant do to reconnect with investors?

Transcript

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0:00.0

It's Thursday, May 12th, and this is Market Fullery.

0:05.0

I'm Chris Helen joining me in studio today from Inside Value, Joe Maker,

0:09.0

and from Million Dollar Portfolio, Ron Gross.

0:12.0

Guys, good to see you.

0:13.0

Howdy, Chris. Earnings from Cisco in a moment, but first, after two years of development,

0:18.9

the first Google Chrome OS notebook computers will be available starting June 15th.

0:24.8

Joe Macor, I'm sorry, I thought tablet computers were all the rage.

0:28.5

Why am I buying a notebook computer from Google?

0:30.8

Well tablets are going to continue to be big and Google is investing heavily there with Android. from Google.

0:33.0

is investing heavily there with Android and they think that that's going to be a big opportunity

0:36.8

for them.

0:38.0

But they are working in the back door on PCs with Chrome OS.

0:41.5

So Chrome OS, if you're familiar with Chrome their web browser it's

0:44.4

basically just like Internet Explorer only better and faster which pretty much

0:48.8

describes all of Google's products relative to Microsoft. Chrome OS is basically like you open up your computer, you turn it on, and eight seconds later you're

0:58.2

on the web, and that's all the operating system is, is just a portal to the web.

1:02.2

So it's cloud-based? It's entirely cloud-based.

1:04.3

Is I mean Ron what do you think is this gonna is this gonna be a game changer?

1:08.6

You know what we own Google in million dollar portfolio. You also own Microsoft?

1:13.5

We also do.

1:14.5

But it pains me to say that I don't really love this offering from Google.

1:18.7

It sounds very much like the netbooks that we've seen in the past that have not worked as much as people thought they

...

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