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Apple Passes Google In Market Value
quotes.nasdaq.com — Today, Apple, worth $120B, passed Google, worth $119B.
JoeLeo- 126 diggs
- digg it
- toetagger, on 10/10/2007, -23/+0Yeah, so, I got that much in my sock.
Okay digg me down *****!- Nobiting, on 10/10/2007, -1/+9People like you belong on Netscape.
- FreakyD, on 10/10/2007, -3/+1Dugg up, for calling the "digg downers" *****....LOL
- gcnaddict, on 10/10/2007, -0/+3Blocked, too.
- Jleagle, on 10/10/2007, -1/+1All you got in your sock is jizz ;)
- Bensign, on 10/10/2007, -3/+12One step for a mac fanboy, one giant leap for mackind.
- gcnaddict, on 10/10/2007, -3/+2leap backwards? I dont want expensive standardized hardware. It'll be back to the Big Blue age for us, and I DONT WANT A COMPUTER MONOPOLY. An OS monopoly is enough as it is.
- moofer, on 10/10/2007, -3/+15This is amazing. I didn't even know they were so close. All good things and wishes for both companies.
- Wargalas, on 10/10/2007, -4/+14Let's see, it took Apple 25+ years to do it, and google how long again?
- moofer, on 10/10/2007, -0/+2google sells "air" - it's a lot easier for the walls to come closing in on such a company. Hopefully they're shoring up the financial walls for all storms that might come ashore.
- traktorcsapagy, on 10/10/2007, -0/+1The EPS (earnings per share) is much higher for GOOG (3.18) than for AAPL (0.87)... and even the profit margin of GOOG is much better (23%) than that of AAPL (15%)... So they are definitely more effective in selling that "air" and with such numbers you can be sure that they made some reserves even if some "bad times" come... Nevertheless, it is true that AAPL is much more diversified hence probably more robust to certain bad macroeconomic events...
- lgc90, on 10/10/2007, -0/+3granted, steve jobs was gone for 12 of them, and I'd take off another 6 for the damage done during his absence.
- moofer, on 10/10/2007, -0/+2google sells "air" - it's a lot easier for the walls to come closing in on such a company. Hopefully they're shoring up the financial walls for all storms that might come ashore.
- mirzar, on 10/10/2007, -9/+6a comparison between between a company that has been around since 1983 and and a company that has been around since 1996 is just so fair. Wow the older company surpassed the newer company
oh wait did i mention that the newer company's share is worth thrice the older company's share value- cliffzdude, on 10/10/2007, -0/+1My company has two shares, one for myself and one for my business partner (my wife).
I'd put the value of 1 share at abotu $20k (part time / side work for us).
According to your logic I've beaten out GOOG and AAPL! - Bob042, on 10/10/2007, -0/+2The share value is pretty pointless to bring up when Apple has 864,948,000 shares and Google has 231,472,000. That's the whole point of market value.
- limewood, on 10/10/2007, -0/+3uhm, and you also forgot to mention that apple's stock has split 2 for 1 three times.
- moofer, on 10/10/2007, -0/+2You have no idea how this whole thing works, do you...
- cliffzdude, on 10/10/2007, -0/+1My company has two shares, one for myself and one for my business partner (my wife).
- CraigJ, on 10/10/2007, -0/+1http://finance.google.com/finance?client=ig&q=AAPL
- diggggirl, on 10/10/2007, -2/+0It's because Apple has more futrure i-products:
http://www.linkinn.com/_Civilian_originality_of_Apple - uberdesigner, on 10/10/2007, -0/+6I thought google was worth a lot more than that.
- aelias, on 10/10/2007, -3/+1They are. Just checked the market cap on both. Google is worth 160B to Apples 120B. Headline is full of *****. I thought they were worth even more, the way they throw around billions.
- aelias, on 10/10/2007, -0/+4I'm a dumbass. Market cap!=Market value. I should be thankful I'm not an investor.
- aelias, on 10/10/2007, -3/+1They are. Just checked the market cap on both. Google is worth 160B to Apples 120B. Headline is full of *****. I thought they were worth even more, the way they throw around billions.
- FutureGuy, on 10/10/2007, -0/+1just in case you were wondering
http://quotes.nasdaq.com/Quote.dll?symbol=MSFT&symbol=aapl&symbol=goog&mode=stock&multi.x=21&multi.y=15- moofer, on 10/10/2007, -0/+1Just in case YOU were wondering
http://quotes.nasdaq.com/Quote.dll?symbol=DELL&symbol=HPQ&symbol=MSFT&symbol=aapl&symbol=goog&mode=stock&multi.x=21&multi.y=15
Let's compare AAPL against some of their real competition
- moofer, on 10/10/2007, -0/+1Just in case YOU were wondering
- jayhawk, on 10/10/2007, -0/+2not too surprising given that apple profits quite a bit on a plethora of products, while google relies mostly on advertising. obviously, Google has the larger potential and will likely grow much more in the future, but Apple is reeling in the profits fairly consistently. if Google would allow the stock to split a few times, i am sure their value would go up as part time traders with a few hundred dollars might jump on board.
- b4ckst4bb, on 10/10/2007, -1/+0psht, they're only popular because they started out as the alternative, popular amongst the minority. Like Nirvana, Metallica, and collapsible forks.
- moofer, on 10/10/2007, -0/+2They started out as no such thing. You need a history lesson, and you need to listen to better music.
- dboy3587, on 10/10/2007, -6/+1screw apple
- stephend, on 10/10/2007, -0/+1Perhaps, but look at the earnings per share - I know what stock I would want.........
- drworthless, on 10/10/2007, -0/+4One thing to keep in mind is that they are entirely different companies with different markets. You would (or at least I would) expect a hardware/software manufacturer to generate more revenue than a free search engine. Yes I know google has a HUGE ad network, and a large # of private holdings, but still. If google moves into more hardware or consumer goods related markets their #'s would probably shoot up too (assuming they did well)
Not to take anything away from Apple though, they do a great job at what they do.- b4ckst4bb, on 10/10/2007, -0/+0what you talking bout different markets scholastic and sony are totally comparable
- ARob, on 10/10/2007, -1/+1A sign of things to come?
- capdos, on 10/10/2007, -1/+0I'm pretty sure they will merge in a short time...
- meatmcguffin, on 10/10/2007, -0/+1The Google CEO who sits on Apple's board was throwing around talk of Google and Apple having an "unofficial merger" at Apple's conference earlier in January. It's pretty much already happened just.... keep it quiet :)
- JingleHymrShmit, on 10/10/2007, -0/+1I'm rooting for both of them, and why are they being compared against eachother anyway?
- moofer, on 10/10/2007, -0/+1They're both tech sweethearts in the eyes of analysts - that's why.
- GnKnight1, on 10/10/2007, -0/+4@Wargalas
I think you are forgetting that Apple's market value has gone from "insane", to "desperate", to "rising to insanely great" once again. It is a remarkable comeback story. Google has not really seen the trying times that Apple has seen as of yet. So there is something to be said about a company that falls from grace, rises like a phoenix, and returns to glory again. Both companies are doing well. And it's interesting to see just how closely they have been working together. Coincidence? I think not. - kidcodea, on 10/10/2007, -6/+2that is ridiculous.
of coz google is worth infinitely more than a lousy fashionable computer maker.
proof?
if google vanished tomorrow the world would be shaken up and regress a few years. its contribution to the global society is gigantic.
if apple vanished, no one but a few fags and the nut fanboys would notice. really.- Radan, on 10/10/2007, -1/+4Kids! Don't read that comment! That single comment has a higher value of stupidity than any single normal human brain can even comprehend, and will most likely make your head explode, making the magic smoke that make brains work, escape. Please, someone get something hard and heavy and put him out of my misery.
- jayhawk, on 10/10/2007, -0/+3i used Google today and i didn't pay anything. i used Google on my Mac. Apple made $2,000 off of my Mac and then a bunch more for some of the software on it. Sure, Google could disrupt me greatly by disappearing, but that isn't equating to the revenues yet that are as meaningful as Apple.
- kidcodea, on 10/10/2007, -0/+1i can assure u, google earns with your free perception of their services.
- precip, on 10/10/2007, -1/+1Apple (AAPL) = $119,777,999,040
Google (GOOG) = $119,265,948,000
Microsoft (MSFT) = $274,854,393,840
AAPL + GOOG < MSFT.
But of course Microsoft will be going out of business real soon now. /sarcasm
FYI - Exxon Mobile (XOM) = $482,940,237,100 - mh10190, on 10/10/2007, -0/+1Google is worth $160 Billion
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