|Google Inc Expands Movie Service to Sri Lanka|
Google Inc (GOOG) recently announced that it will be extending its Google Play Movies app to 13th new nations, including Jamaica, New Zealand, Trinidad & Tobago, Hong Kong, Sri Lanka and Zimbabwe. This will take the tally of nations with access to the service to 27. The app will work on Google TV, Chromecast and all Android devices.
The selection of movies on the app is reported to be pretty meager but is still viewed as a positive in the hope that the music, movie, streaming and service apps will eventually expand further.
Google’s expansion plan is viewed as an effort to grab as much market share as it can to battle its competitors such as Amazon.com ( AMZN ) or Apple Inc ( AAPL ).Google reported gross revenue of $14.89 billion in the third quarter of 2013, up 5.6% on a year-over-year basis. The company has expressed its intention to increase investment in its core products in the future.