As Apple stumbles, Google stock surges to record heights, flirts with $800
Now, you can add one more thing - to contrast that recent downfall, Google shares have surged in value in the exact same period of Apple’s demise.
Today for the first time Google stock has flirted with $800 and is now traded at around $803 apiece. While that value will change many times today and in the coming days, the trend is definitely easy to spot.
The last big rally for Google stock before this one was in 2007 when it hit $700, and now the search giant is enjoying even greater market appreciation.
Can we link this to Android’s success? The mobile platform is definitely a part of Google’s success, but it’s also a lot about its ad business and the overall positive developments at the company.
3. Mxyzptlk (Posts: 3710; Member since: 21 Apr 2012)
Not good for the user if the recent article regarding privacy on the Playstore is of any indication.
13. s.mrabet (Posts: 117; Member since: 26 Oct 2011)
In every article, you are desperately trying to defend apple... just pathetic.
22. rusticguy (Posts: 2828; Member since: 11 Aug 2012)
But still Apple is not getting the attention that it deserves in your opinion right? That's why it has SLIP(PED)
36. jroc74 (Posts: 4974; Member since: 30 Dec 2010)
In other news.....the latest iOS update
doesn't fix the lock screen flaw...the same flaw that isn't in Android, or isn't anymore.
2. Mxyzptlk (Posts: 3710; Member since: 21 Apr 2012)
The most valuable company in the world isn't stumbling. The iPhone 5 continues to dominate the market. Only reason stock prices are down is because the next iPhone is on the horizon.
15. Mxyzptlk (Posts: 3710; Member since: 21 Apr 2012)
I'm not quite old enough for a mid life crisis.
24. lauremar (Posts: 181; Member since: 29 Feb 2012)
Then you've been brain-washed by a certain company or took a bite from the nasty Apple at a young age, or have lived in the bubble that is everything apple. Come on now...
16. gwuhua1984 (Posts: 1237; Member since: 06 Mar 2012)
No sir, you're not in denial... but saying iPhone 5 dominate the market? You're dreaming. Only the older iPhones are dominating the market.
7. Sniggly (Posts: 7119; Member since: 05 Dec 2009)
Yes, the next iPhone is on the horizon... Five months after the last one came out. That makes total sense.
Apple's stock is down because investors don't believe as strongly in Apple's position as a true leader in the tech industry. Whereas Google continues to diversify its areas of business and push the tech envelope, as well as lead all competitors with its smartphone platform, Apple continues to remain relatively stagnant, with no penetration in any new product category for the last three years, as well as being perceived as not doing enough to make its popular products really *better* than the competition anymore.
10. Mxyzptlk (Posts: 3710; Member since: 21 Apr 2012)
How's that any different from Samsung bringing out the next Galaxy despite heavily promoting the current line right now?
They're releasing so many devices under the Galaxy name essentially making the same mistake HTC made.
Google continues to diversify, but you're forgetting that Google is taking many bounds and leaps over protecting users' private info and data. If they continue to do things like that, they'll be digging themselves into a hole that would be impossible to get out.
They continue to make their products "better" but again better is entirely subjective. I'm pretty sure billions of dollars in sales is enough to paint a better picture.
17. p0rkguy (Posts: 684; Member since: 23 Nov 2010)
Billions of dollars in sales, lol.
If Apple were to offer you a dollar for a slap on the face, you'd take it. That's what it looks like when defending those with money while giving you no benefits in return.
19. protozeloz (Posts: 5378; Member since: 16 Sep 2010)
For starters is nearly a year old dude, also most of what you said is utter BS you should try harder
11. p0rkguy (Posts: 684; Member since: 23 Nov 2010)
Apple lost that position when their stocks plummeted.
If I remember correctly, Apple stock slowly rises when the next one is on the "horizon" with it breaking new barriers when it actually does arrive.
12. iOS.and.WP.is.the.new.bb (Posts: 3; Member since: 19 Feb 2013)
Your most valuable company is struggling to create a RUMORS/FAKE HEADLINE to keep the share price up.
Apple is going where BB10 & WebOS & WP is going... down down down and dead dead dead
33. -box- (Posts: 3823; Member since: 04 Jan 2012)
If you hadn't included WP you may have gotten a thumb-up from me. WP is still the fastest-growing mobile OS in the world right now, and too much money and momentum from Microsoft to fail.
20. jsdechavez (Posts: 708; Member since: 20 Jul 2012)
And the real reason the iPhone would-be buyers are holding up is because the next iPhone will look like the previous iPhone!!! I wonder how they feel when the next iPhone after that comes out...
26. lyndon420 (Posts: 1769; Member since: 11 Jul 2012)
Isn't Exxon the most valuable company???
32. gmracer1 (Posts: 646; Member since: 28 Dec 2012)
It's now become too obvious that he purposely posts comments like this one
Mxyz, you're a trip, bro.
37. jroc74 (Posts: 4974; Member since: 30 Dec 2010)
You are a lil behind on the news. They're not the most valuable anymore. Last I checked it was Exxon, or some company, but it's not Apple.
40. rusticguy (Posts: 2828; Member since: 11 Aug 2012)
It's no m ore most valuable.... get your stats updated.
4. lauremar (Posts: 181; Member since: 29 Feb 2012)
Dear Apple - There's a lesson to be learn here... "Just innovate, don't litigate"... Take it from Google...
5. InspectorGadget80 (Posts: 6588; Member since: 26 Mar 2011)
GOOD NEWS FOR ONCE! with new android flagship for 2013 with FULL 1080P HD SCREENS on the way
9. ama3654 (Posts: 249; Member since: 27 Nov 2012)
Go GOOGLE, this is an achievement Apple can only dream of achieving from now on, open-source for the future-Android, Ubuntu, Joila, Tizen....Now open those GOOGLE retail stores and see wonders!
23. rusticguy (Posts: 2828; Member since: 11 Aug 2012)
All Apple ANALysts are numbed and silenced in by the shockwave of Thermo nuclear War which has backfired on Apple!!!
27. lyndon420 (Posts: 1769; Member since: 11 Jul 2012)
Should have bought some goog stock years ago.
28. gallitoking (Posts: 4690; Member since: 17 May 2011)
so now we can expect Google to fall as well...
38. jroc74 (Posts: 4974; Member since: 30 Dec 2010)
Yea, you are right. Eventually it might. It's just not today. I just remember many Apple, iPhone fanboys gloating when Apple reached $700....
In fact....it fell already. It was $700 before in 2007...or did you miss that in the article.... What the article doesn't say is it was under $700, and hit that number about 2 weeks before Apple did.
29. JunitoNH (Posts: 931; Member since: 15 Feb 2012)
You must not be an American. Anyone who desires that, is either young, a fool, a foreigner, and/or all the before mentioned. Economically there's room for both companies, and is great for the country's bottom line. Is almost like saying, you want chevrolet to succeed, but Ford to fail.
39. xtremesv (Posts: 236; Member since: 21 Oct 2011)
A country should be proud for having innovating companies which drive the modern world. It's foolish to support mediocre companies due to patriotism alone.
30. shamataa (Posts: 202; Member since: 07 Dec 2011)
It's probably the HTC's event today. The HTC one phone is a good phone and stock holders are impress.
31. darkkjedii (Posts: 11968; Member since: 05 Feb 2011)
Apples stock will skyrocket, if the next iPhone is a winner. Not in the way that all iPhones are winners, but as an something that really deviates from the normal iPhone path. New look to the OS, much larger screen (math), more colors, multiple phones. Apple needs to get out of their comfort zone, and chance it. Your home apple, bottom of the 9th, you're down two runs with runners at the corners, and the batter is hitting 350... Don't strike out.
34. -box- (Posts: 3823; Member since: 04 Jan 2012)
...so, according to you, apple will copy Samsung/HTC/LG/Motorola/Nokia... well, pretty much everyone else, because it is failing so hard it's desperate to do anything to slow the downward plummet?
35. darkkjedii (Posts: 11968; Member since: 05 Feb 2011)
Yeah sure uh huh. I'll agree with u if it'll get u to bug someone else