Google (NASDAQ:GOOG) officially unveiled Google Drive and the first reviews out on the new product were mixed.Google Drive is a data-storage system that joins a growing list of high-tech names that has entered the industry to serve consumers and businesses.Drive allows its users to store photos, documents and videos on Google’s servers so they are able to access it from any web-enabled device and easily share it with others.Google’s entrance into the arena will certainly put pressure on the current market leader, Dropbox, especially since it intends on slashing its price.Dropbox charges $10 per month for 50 GB, Google plans on selling 100GB for $4.99 per month.Drive will also offer consumers with 5GB of free storage, which is over twice what Dropbox offers for free.Dropbox is known for its elegance and simplicity and Google had even tried to bid for the company, as did Apple (NASDAQ:AAPL), both of which the company turned away.
