EIB Test April 2008 | Page 97

Harrison UC Riverside Extension Center,1200 University Ave, Riverside CA 92507-4596 951 756 8468 [email protected] 1> The shares prices of Google have been increased from July 20 to July 26. The reason why Google stock has been increased is two reasons. First, these days Google+ was highly estimated among internet users. Google+ is similar to Face Book. Google+ started at July. Second, according to Bloomberg, Android has 48% share of world smartphone market. Android was created by Google. 2> The shares prices of Google have been decreased from July 26 to August 1. According to AllThingsD, rumors that Apple will be releasing its next I-phone5 in September. I-phone is contender about android of Google. I-phone is leading in smartphone market. Thus, if Iphone will be releasing next month, Google lost market share and profits are down. I’d like to sell shares of Google.