What Challenges Does Google Have for Apple?

Google (NASDAQ:GOOG) has mounted a stiff challenge to Apple (NASDAQ:AAPL) in the last few days: on December 13 the company released its long-awaited map application for the iPhone, and on Monday Google-owned YouTube released “Capture,” an iOS app that allows users to film and share video clips through social media websites like Facebook (NASDAQ:FB) and Twitter.

Apple has worked to minimize its dependence on Google’s applications. As TechCrunch noted last week, “Apple likes to do everything in-house, and to own every part that makes Apple’s products useful.” With this guiding philosophy, the company designed iOS 6, which was released in September with its own mapping application. Furthermore, Apple decided to abandon YouTube as a native application built-in to its mobile operating system.

Our 20-page proprietary analysis of Apple’s stock is ready. Click here to get your Cheat Sheet report now.

But Apple maps have been less than successful. The application caused user outrage so great that Chief Executive Tim Cook apologized. Now, within 48 hours of its release, Google Maps for iOS has been downloaded more than 10 million times, and it is the number one most popular free application on the iOS App Store.

YouTube, the number four most popular free application, is also a problem for Apple. Google’s YouTube released its Instagram-like application, Capture, which has greater capabilities than Apple’s built-in Camera app. The service allows users to shoot short videos, edit the film with several post-production options like color stabilization and cropping, and post directly to YouTube’s website or share via a social networking service.

Don’t Miss: Is Google’s Nexus 4 Too Popular?

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business