Google (GOOG) Lays Out Plans For Chrome OS

Google Inc. (NASDAQ: GOOG) has said its new Chrome OS will be available by end 2010. It is expected that Chrome will run a number of internet application including the company’s own. Chrome is also projected to run first on small laptops called netbooks but will run on many other devices eventually.

Sundar Pichai, a company VP declined to indicate how much the Chrome optimized devices would cost. However, the impact of Chrome to the financial performance of the company would be quite a few years away. The obvious target of the company is Microsoft Corporation (NASDAQ: MSFT) which has its flagship Windows OS and has dominated sales of OS for PCs. But Chrome has far lesser features than Windows and runs on an online medium. This is why Google Inc. is just hoping that Chrome will catch on and eventually replace conventional operating systems.