Reversing Google’s fall?

Now that Android is out, and we can all look forward to Google’s first Android powered phone, will it be enough to slow or reverse the company’s stock price drop? Don’t get me wrong, Google is still a fantastic company and a darling in many regards; it’s still a dream job in the eyes of most. But I’m sure there is much wringing of hands and gnashing of teeth over this year’s performance: So far, the company’s shares have dropped by almost 37 percent. The stock has traded between $406.38 and $747.24 over the last year. But hot on the trail of Android, Google’s stock is up close to 3%, at $441.79 this morning. Will Android turn the tables or is the iPhone too deeply entrenched by now? I think the real question is, can Google figure out how to capitalize — and advertise — it’s new invention.