toggle

AAPL Stock: 121.3 ( -1.07 )

Printed from http://www.macnn.com

Apple stock worth more than Google, Microsoft together

updated 01:25 pm EST, Thu February 9, 2012

Apple hits symbolic stock value

An exceptional run on Apple stock over the past few days has made Apple's stock value worth more than either of its two most direct rivals combined. A comparison has shown that, as of mid-day Thursday, Apple's market cap of about $456 billion was greater than both those of Google ($198.9 billion) and Microsoft ($256.7 billion). As noted by AppleInsider, Apple was taking advantage of both Google missing targets and bruising its share as well as Microsoft's historic inability to excite shareholders.

Stock in Apple passed Microsoft in 2010. Months later, in July and August, Apple gradually overtook Exxon to have the most valuable stock in the US.

Most of Apple's continuous rise in share can be owed to both its nature as a hardware company, which gives it higher revenues and more perceived worth, as well as a continual growth that has usually been well-managed as it enters new categories. The company is often deliberately conservative with its guidance and careful to produce final results that are above guidance and often record-setters. Even optimistic predictions hadn't fully anticipated its blowout fall quarter, where it regained the lead among individual smartphone makers after a brief tenure by Samsung.

Google and Microsoft are based around search ads and software, respectively, and have typically had difficult times breaking out of these areas for revenue. Android is still seen primarily as a vehicle for mobile search revenue, while Microsoft regularly loses hundreds of millions of dollars each quarter trying to cut into Google's search business with Bing.




by MacNN Staff

toggle

Comments

  1. JEB

    Joined: Dec 1969

    +1

    I see trees of greeeeen ...

    ... red roses too ... it's a beautiful wooorrrrrld ...

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

HP 14-x030nr 14-inch Chromebook

If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

toggle

Most Commented