Apple‘s iPhone, the iconic device from that revolutionized smart phones, turned five on Friday, June 29.
There has been no other device like iPhone in history. Thousands of developers have written thousands of apps to organize the lives of iPhone users in a manner previously scarcely imaginable.
iPhone left its competitors like Research in Motion (RIMM) and Nokia (NOK) in the dust. The mobile platform for Microsoft (MSFT) was not at all competitive. Google (GOOG) came up from nowhere to mount a serious challenge with its Android operating system.
There continues to be a bitter rivalry between Apple and Google. The late Steve Jobs accused Google of copying iPhone; he called Android a stolen system and pledged to spend his last dollar to rectify the situation.
On the fifth birthday of iPhone Google has given a surprise present. Google has announced that it is launching a new version of its Chrome browser to run on iPhone and iPad. The new Chrome app will allow users to sync all of their credentials, bookmarks, and tabs on all of their devices.
The app may gain traction as Apple users will be able to sync easily with non-Apple devices. Moreover those tired of Safari, the browser from Apple, now have a great alternative.
From an investment perspective, there should be no material impact in the short-term on the stock prices of Google or Apple.
The introduction of Chrome for Apple opens a new battle front in the war between the two companies….Read more at Forbes
