In an article on CNBC, Matt Clinch said that there was a great hype when Google Inc (NASDAQ:GOOGL) Glass was launched. But as the time passed, the Glass lost its grace and it is far from becoming a wearable device everyone wants. Google Inc (NASDAQ:GOOGL) Glass is still in its prototype phase. Google only gives it to people who are more interested in development based on Glass API.
The article says that Google Inc (NASDAQ:GOOGL) Glass faced a tough year in 2014. The much-expected growth didn’t come. Twitter ended its app program which was started to develop a Twitter app especially for Google Inc (NASDAQ:GOOGL) Glass. Many other startups are also ending their programs dedicated to Google Glass.
The article quoted Alex Foster, the head of global research at See Through, who thinks that Google Glass has missed its ambitious targets. There is no market for it. Another expert says that there are serious problems with Google Inc (NASDAQ:GOOGL) Glass battery life. A wearable device that is designed to be the assistant of its user all day long could not survive with a low battery. Apple Watch could take the place of the much hyped wearable in the coming year.
The source also quoted Andy Ferrett, head at a startup, who said that Google Glass cannot become a consumer product in the future. Google is persistent in its claims that Google Inc (NASDAQ:GOOGL) Glass is going in the right direction. The company has signed a deal with Intel and the Intel-powered Google Inc (NASDAQ:GOOGL) Glass is coming in 2015, according to some reports.
David Tepper’s Appaloosa Management Lp owns around 600,000 Google Inc (NASDAQ:GOOGL) shares.