GOOGL Rides on Strong Pixel 9 Shipment Growth: Time to Buy the Stock?

Alphabet’s (GOOGL) Google is gaining ground in the U.S. smartphone market thanks to strong shipment growth of its Pixel 9 devices. According to the latest report from Counterpoint Research, Google’s shipments increased 20% year over year in third-quarter 2024 courtesy of the earlier (August) release of the Pixel 9 series compared to the Pixel 8’s October 2023 release.Google’s third-quarter shipment growth trailed only Motorola but was way better than Apple (AAPL) and Samsung, which saw a 2% and 13% decline, ...