Alphabet Inc's Android operating system is being used in a new development kit from Qualcomm, Inc. (NASDAQ:QCOM). The development kit is for untethered VR headsets that use Android, but it isn't the same as what users get from a smartphone.
Highlighting a somewhat muted response from investors, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) stock is trading about 0.4% lower at the time of this writing on Friday after the company reported its results for the fourth quarter of 2016.
With Google parent Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) fourth-quarter report now behind it, the company's robust revenue growth and its promising traction in hardware and cloud-computing are getting some time in the spotlight.
The share price of GOOGL is currently at $834, bringing the total market capitalization value to $567 billion (the second-largest market cap, right after Apple Inc. (NASDAQ:AAPL)). Personally, I have been following Alphabet's stock price performance ...