Edward Culchenko
Google introduced the first 3 smartphones within the scope of the program called Android One in September 2014. Those devices do not stand out from the crowd in terms of their tech specifications. Still, they are powerful enough to perform basic functions, including browsing the web and communication in social networks, Market Leader reports.
According to the News Department of Masterforex-V Academy, Android One devices gained full support from Google. This means that despite the fact that Android One smartphones belong to low-cost devices, they will enjoy timely software updates along with Nexus devices. It should be noted that Android One devices cost under $100, which makes them fairly popular with people who cannot afford to by expensive gadgets. With that said, the series is targeted at emerging markets, where the majority of people cannot be considered well-off.
Still, some retailers failed to choose the right marketing strategy. for example, some retailers in India (including Karbonn, Spice and Micromax ) started selling Android One devices via Amazon, Flipkart and Snapdeal. this was a mistake since online purchases are not as widespread in India as in the USA or other mature markets. That is why the sales volume was extremely low.
As for Google's stock, it has already appreciated by 0,39% since the start of the trading session, Masterforex-V Academy reports. The stock (GOOG) is currently trading around $545,89 per share, which is confirmed by the chart below, courtesy of Masterforex_V Academy.
Edward Culchenko
