Google Inc (GOOG), Apple Inc. (AAPL): Increased Bets on Mobile Devices Could Pay Off for Investors

Even though Google Play is still behind Apple Inc. (NASDAQ:AAPL)’s iOS App Store in terms of total app revenue, the former has been generating a much higher YoY growth rate in terms of both downloads and revenue per app. And, even though the Play store contains numerous free and inexpensive downloads, Google Inc (NASDAQ:GOOG) has taken full advantage of the advertising space that these apps can provide for revenue generating purposes.

The company’s content catalog is also expected to add a substantial amount of new offerings down the road. This is just one of the many positives that have pushed the company’s stock to its current 52-week high.

The bottom line and essential factor for long-term success in the marketplace

Given all of the hoopla with apps, play stores, and content offerings, it seems that the overall bottom line for success in this arena is still the company that can connect — and stick with — the highest number of paying customers for the longest period of time. As of now, even with intense competition, only time will tell who the clear winner will be. For long-term investors, as always, maintaining a diverse portfolio should be standard operating procedure, and given the increased bets on mobile devices, all three companies should be part of that diversity.

Nauman Aly has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, Apple, and Google. The Motley Fool owns shares of Amazon.com, Apple, and Google.

The article Increased Bets on Mobile Devices Could Pay Off for Investors originally appeared on Fool.com.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.