Google To Cancel Subsidies Due To 'Booming' Chromebook Sales


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


DigiTimes reported that Google (NASDAQ: GOOG) will likely cancel development and marketing subsidies due to the "booming" sales of Chromebooks.

According to Google's supply chain makers, Chromebook sales have exploded with "devices selling well in the inexpensive notebook segment in the US, and widely adopted for educational use through government procurement projects." The source noted that Google expects to sell four to five million Chromebook units in 2014.

DigiTimes reported that the cancellation of subsidies may discourage additional vendors from developing or offering Chromebooks.

Shares of Google closed at $1,204.11 on Friday.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsRumorsMediaChromebookDigitimes