Much to the surprise of many, The Street contributor Anton Wahlman has honed in on what he believes is “the biggest risk” to Apple’s stock price. It was claimed that the risk is so great, it surpasses the health of current CEO Steve jobs on his list of concerns. It is ranked even higher than Google’s Android mobile operating system. So what is it that we are talking about exactly? It is Google’s Chrome OS. In a three page exposé, Wahlman explains three ways the browser-as-an-OS will hurt Apple’s stock price. First, Chrome OS desktops and laptops will be released with the price between $150 and $300, which in turn will cause “consumers and enterprises” to “pick Chrome OS PCs over the much more expensive Apple PCs.” Second, Chrome OS will make its way onto tablets and “we could see unsubsidized 10-inch Chrome OS tablets selling no more than $299, with perhaps $199 on the horizon.” Lastly, in 2012 or 2013, “Google will likely offer the Chrome OS architecture for smartphones.” “As John Gruber of Daring Fireball wrote, “Makes Me Wish I Still Did the ‘Jackass of the Week’ Bit.” The analysts are thinking outside the box but the treat vectors that Wahlman lists also seems to be detrimental to Android’s overall health as well – especially the tablet and smartphone predictions he made. Apple generated 50% of its Q2 revenue from the iPhone, if there is any threat to Apple’s business model, it seems like it would be Android, not the Chrome OS. Regardless, we are curious to see what you think. Do you think that Chrome OS will generate more issues for Apple? Let us know your thoughts and opinions in the comments section below! As usual, stay tuned for more tech news and info by following us on Facebook, Twitter and/or subscribing to our RSS feed. Authors:

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