Google Inc (GOOG) May Do What Apple Inc. (AAPL) Couldn’t

This explains why Nokia still has a presence in emerging markets relative to the developed markets. Now, however, its feature phone segment is thinning and consumers are giving in to other options. Once the undisputed handset maker, Gartner argues that it has slipped to the tenth position in the global smartphone market and eighth in the overall global handset market. Most of its loss is attributable to the astronomical gain made by Samsung and other Android devices. Also, Android smartphones are offering better functionality at reasonable prices.

Bottom line

Considering the fanatic following that Apple has, I am certain this article will be met with heavy bashing. Nevertheless, I think it’s time to look at things from an investor’s standpoint and put feelings aside. Who is better off? The investor who invested in Google one year ago, or the one who invested in Apple one year ago?

Key hedge funds have foreseen the tsunami of hurt coming for Apple shareholders and have, in fact, pulled out. David Tepper’s Appaloosa management, which manages close to $18 billion, reduced its stake in Apple by 41%, with Tepper adding that he was no longer enamored with Apple. On the other hand, Julian Robertson’s Tiger Management went to the extent of relinquishing its position in Apple. It now owns no shares in Apple compared with 42,125 shares at the end of the prior quarter.

Thus, the bottom line for me is — sell Apple, buy Google.

The article Is Google About to Accomplish What Apple Couldn’t? originally appeared on Fool.com and is written by Lennox Yieke.

Lennox is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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