Internet heavyweight Google (Nasdaq:GOOG) is having another banner quarter. The company best known for its market leading search engine is expected to post nearly $35 per share in earnings for 2011.
But what many investors miss is that smart-phones driven by Google’s Android operating system are giving the iPhone a run for its money. In fact, smart-phones using Android are now the market leader with 33 million units sold in the 4th quarter, compared to 16 million iPhones. Well over 100 million Android based phones will be sold this year.
The exploding market for smart-phones and tablet PCs is driving a surge in semiconductor sales and data traffic on wireless networks.
Ian Wyatt, of Wyatt Investment Research, has released a new Special Report highlighting three undervalued technology companies that are experiencing a surge in smart-phone and tablet revenue.