Google Glass a $3B per year?

Google Glass could be a $3 Billion dollar per year cash cow, because an analyst estimated the wearable tech could be worth $3.27 billion in the next couple of years due to increased searches, better ad targeting, and app sales. Google Glass is a novelty product for select users, it can actually be a good cash flow for Google. In 2017, they are predicting $86.4 billion dollars total revenue for that year. The big dollars are going to come from additional searches on Glass, enhanced ad targeting, and app sales, according to AllThingsD. Google Glass is company's into a wearable computer or smartphone.

Google Glass is basically eyeglasses that can record videos, take pictures, chat, get directions, look up facts on the web and more. Google started to ship this prototypes out in April for $1,500 and they should be available for the public later this year. They plan to launch an app store serving to Google Glass by 2014. Robert S. Peck, financial analyst with SunTrust Robinson Humphrey, estimates that 64,500 devices will have been sold and they should sell for as low as $349. Peck said "If there is one point investors should take away from Glass, it is that the technology is unique because it enables a person to perform actions while keeping their head up and continuing their first-person perspective." Therefore you should wait till 2017 to pick up your cheaper Google Glass and see what the big fuss is all about. It seems really cool how you can do so much with just a eyeglasses.

Brandon Teragawa
Brandon Teragawa