Google isn’t scheduled to report third-quarter results until Thursday, but already shares in the company are trading higher in anticipation of solid results. At $524.24, they’re up 1.55 percent–nearly $8, and not without good reason.
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After a bit of reflection, the Street is beginning to have its say about Google’s new Chrome operating system, and the consensus seems to be that while Chrome is obviously the company’s most direct assault on Windows to date, it’s not likely to be all that disruptive to the ubiquitous OS. “It’s not good news for Microsoft,” said FBR Capital Markets analyst David Hilal. “The real question right now is how bad can it be?”
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