Google’s stocks are skyrocketing thanks to Pixel

Google’s parent company Alphabet Inc has witnessed a surge in stock price, thanks to the recently launched Pixel. Bloomberg reported that on Tuesday Alphabet Inc stock opened at $814.21 and closed at $821.49. It also reached a record high post-noon when the stock was valued at $828.81.

The positive Google Pixel reviews that has circulated in the tech has contributed to the highest stock price since August 19, 2004. This was however anticipated before Google’s hardware event earlier this month. Analysts had predicted the stock would go all the way to $1,000.

Pixel was not the only device unveiled at the high-tech event. It included a voice-controlled speaker system called Home to challenge Amazon’s Echo; a new router called Google WiFi; and a Chromecast that works with 4K TVs.

As for Pixel, it featured a 5-inch display, a 2770mAh battery, Qualcomm Snapdragon 821 SoC mated to an Adreno 530 GPU and an 8MP front camera, along with 12MP rear camera. There was also the Pixel XL that sported a 5.5-inch AMOLED display and a larger 3,450 mAh battery. Both the devices are the first to come with Android 7.1 Nougat software out of the box.

Digital Trends in its review of the Pixel device said Android is better than ever on the Pixel. “Assistant will also continue to get better and better, and you won’t find performance issues on this phone, either. If you’re looking for one of the better cameras in the high-end smartphone market, and want the latest and greatest in software, get the Pixel,” it wrote.

USA Today on Tuesday said the Pixel is a winner for anyone looking for an excellent phone. “Google’s new phones are powerful, pricey and pretty darn intelligent and demonstrate Google’s commitment to be a major player in the space,” the review stated.

Likewise, TechSpot reviewed the Google smartphone by stating Pixel was the “biggest shift in Google’s homegrown smartphone strategy since the first Nexus launch in 2010”.

The Pixel device sells at $650 and the 5.5-inch Pixel XL has a price tag of $770. With the device soon to hit store shelves, we will have a pretty good picture on Pixel’s success and if Google can maintain the momentum in 2017.