If You Invested $1,000 In Google When 'Google Glass' Was Announced, Here's What You'd Have Now
Portfolio Pulse from AJ Fabino
Google announced Google Glass in 2012, but the product failed to resonate with consumers due to privacy concerns. Despite this, an initial $1,000 investment in Google at the time would have grown to $8,467.14 today, a 746.71% gain, outperforming the S&P 500's 169% gain in the same period.
June 06, 2023 | 6:16 pm
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POSITIVE IMPACT
An initial $1,000 investment in Google during the Google Glass announcement in 2012 would have grown to $8,467.14 today, a 746.71% gain.
The article highlights the growth of Google's stock price despite the failure of Google Glass. The stock has significantly outperformed the S&P 500, indicating strong overall performance and resilience in the face of product setbacks.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
An initial $1,000 investment in Google during the Google Glass announcement in 2012 would have grown to $8,467.14 today, a 746.71% gain.
The article highlights the growth of Google's stock price despite the failure of Google Glass. The stock has significantly outperformed the S&P 500, indicating strong overall performance and resilience in the face of product setbacks.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100