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Replay Program

Tech

Pixel phone sends Google shares to new highs

Opening sequence

Opening sequence

Tech

Pixel phone sends Google shares to new highs

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COMING UP:Pixel phone sends Google shares to new highs

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Transcript

00:00:01
>> Shares of Google's parent company Alphabet hitting an all time high Tuesday, credit the tech giant's Pixel phone, the first designed in-house by Google, and the timing couldn't have been better. The Pixel phones release coming as long time partner Samsung halted production of its Galaxy Note 7 after its penchant for catching on fire.
00:00:23
And reviewers are giving the Pixel the thumbs up. Reuters tech editor Jonathan Weber.>> The phone is considered to be a pretty strong entry from what people are saying. It's a good phone, certainly one of the best Android phones that's been out there. Because they've come up with a pretty strong product and because of the issues with Samsung, I think they have a real opportunity to establish this as the market leader in the high, high end of the android market.
00:00:50
>> Competition is still fierce as the smartphone market shrinks. Alphabet shares are up 5.5% on the year. The company now worth more than $550 billion.