GOOG Apps gains traction in corp market

SeekingAlpha writes: "Google is set to announce a $50 subscription-based version of Google Apps for corporations today, similar to the free version it launched last year, but more reliable with 99.9% uptime, more storage space and 24x7 tech support. Google executives claim it is not taking on Microsoft, but CEO Eric Schmidt comments, "Our product is so cheap that it's sort of no-brainer to try it out." GE and Procter & Gamble are two early-adopting blue chips. Google said over 100,000 small business and hundreds of universities already use the free Google Apps."