+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

So, How Long Until Google's Value Blows Past Apple's?

Oct 18, 2013, 20:04 IST

For a few years, we would wonder aloud when Apple was going to surge past Microsoft to become the world's most valuable technology company.

Advertisement

Then, in May of 201o, it finally happened. Since then Apple has buried Microsoft. It's not even close any more.

Now, it might be time to start thinking about Google chasing Apple. Google just broke through $1,000 giving the company a market cap over $332 billion. Apple, meanwhile is over $500 a share, and its market cap is over $462 billion.

Using data from the Bloomberg terminal we've charted out the market cap of Apple and Google. Google is definitely closing the gap, though the gap remains large.

The difference between Google chasing Apple versus Apple chasing Microsoft, though, is that Apple is a leader in two growing categories - tablets and smartphones. It is also said to be developing new game changing products.

Advertisement

But, technology is a tough industry and Google could very easily come up with a new innovation that buries Apple, or at the very least, propels its stock even higher.

Business Insider

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article