Google stock rallies, closing in on $1000
At the moment of this writing, Google stock is up 9.9%, or $87.19, to $975.98. This explosive growth translates into total market cap approach the $300 billion mark very closely at $296.16. This makes Google larger than Microsoft by market valuation, but we all know how volatile this measure is and how quickly it can change. Nonetheless, it’s telling. And hey, happy times for Google investors!
Google has not been the only tech company with huge gains in stock. Apple is also riding bullish sentiment of investors and Cupertino stock is closing in on its highest for the last six months, selling for $507 pre-market.
5. Commentator (Posts: 2467; Member since: 16 Aug 2011)
Yet its market cap is $290 billion, just $5 billion below Google.
3. ilia1986 (unregistered)
Why is this crazy? Android is the best and most widespread mobile OS on the planet.
6. THE.DARK.KNIGHT (banned) (Posts: 269; Member since: 09 Sep 2013)
Its awesome but not the best.
8. PhoneArenaUser (Posts: 5493; Member since: 05 Aug 2011)
I think Android is the bes mobile OS, at least for today. Do you know any better mobile OS?
10. ilia1986 (unregistered)
Of course not. Windows Mobile 5.0 is much better.
20. Penny (Posts: 1242; Member since: 04 Feb 2011)
There is never a best...it is a moot point. There is only best for me, and best for you.
21. ilia1986 (unregistered)
There is a best. In the Olympics there are no 2 1st places. Same here.
23. Penny (Posts: 1242; Member since: 04 Feb 2011)
Bad analogy. There's no single finish line here.
If you're a power user, your finish line may be number of features. If you're a beginner user, your finish line may be ease of use and simplicity. If you're an artist, your finish line may be aesthetic appeal. If you're a busy professional, your finish line may be efficiency.
When the judgment of a product's value is based on the user's perspective, you have to accept that different users have different perspectives and will ultimately determine different products to be the best.
24. ilia1986 (unregistered)
Yes but with iOS 7 no longer being as dead simple to use instead becoming a much uglier, stripped-down-of-essential-features and bug ridden version of android, and windows phone not being really significant atm, android is the best, objectively.
30. PhoneArenaUser (Posts: 5493; Member since: 05 Aug 2011)
I don't know what will be tomorrow, but today Android OS is the best mobile OS looking from many aspects.
32. Penny (Posts: 1242; Member since: 04 Feb 2011)
PhoneArenaUser, first of all, to your comment #31, my response is "lol." You can deny logic all you want, but I assure you that the people making these operating systems for you are well aware that they are prioritizing certain things above others, and that their competition may be leading in certain categories. They know they're not the best in everything.
To both ilia1986 and PhoneArenaUser, yes you can argue that Android, empirically, has more going for it and can therefore be argued as the best overall. The point was simply that people have different priorities. So even if Android had the most features and had the best aesthetic appeal, I might say that Windows Phone is the best because I prioritize use efficiency above all other considerations. That's what matters to me.
If you really want to make the judgment calls, here is how it looks from my perspective:
- Android is the best when it comes to features and number of functions. It has the most capabilities.
- iPhone is the best in usability. They put the most effort into making sure things are logically organized with clear, apparent visuals. Also currently has the best voice command functions (try changing settings with Google Now or TellMe). Ties for best aesthetic appeal because of its clear, standout visuals.
- Windows Phone is the best in task efficiency. The integration of functions into the core OS instead of into apps allows for easy access to many functions that people care about. Ties for best aesthetic appeal because of its refreshing approach and use of panoramic app views.
- Blackberry is the best in business task efficiency. The comprehensive Notification Hub/peek with the ability to respond from within makes it the most efficient in this category.
So, if you want to be objective, even though I hate Apple because I never want to be stuck with all the proprietary stuff, I would have to give the nod to iPhone as the best overall because it does the best job at balancing being a feature rich and usable platform.
4. Carlitos (Posts: 340; Member since: 23 Oct 2011)
The current Market Cap for Google is not actually 300 Billion. (Or the current one that's showing at 296 billion) because it was after the closing bell it does not represent the real market cap. When the stock market opens again at 9:30 today it will show the market cap after this 9%+ change. Which should be well above 300 Billion. Just a bit over $320 Billion
9. DanishDynamite (Posts: 27; Member since: 28 Feb 2013)
"At the moment of this writing, Google stock is up 9.9%, or $87.19, to $975.98"
Isn't it supposed to say 870 something instead of 87,19?
12. smdeezy (Posts: 66; Member since: 17 Jun 2011)
No, its up 9.9% of $888.79 which is $87.19 per share.
13. NexusPhan (Posts: 528; Member since: 11 Jul 2013)
No. Its's up $87.19 in pre-market trading. Which represents an increase of 9.9%. Bringing the current trading price to $975.98
22. roscuthiii (Posts: 1859; Member since: 18 Jul 2010)
A million?! All I need is 248 space bucks for lunch, gas, and tolls.
27. darkkjedii (Posts: 12350; Member since: 05 Feb 2011)
Dude that was the funniest episode of South Park ever. Man I go on YouTube a lot, just to see it.
29. roscuthiii (Posts: 1859; Member since: 18 Jul 2010)
I ain't givin' you no tree-fitty, you goddamn Loch Ness Monster! Get your own goddamn money!
15. drnggaj33 (Posts: 127; Member since: 29 Feb 2012)
plus google has coming up google glass and the other outer space stuff its not just andriod never been just that high five gooogle bye bye apple
17. -box- (Posts: 3857; Member since: 04 Jan 2012)
Kind of strange, there hasn't been any significant launches or prospects to start the rally. Sure 4.4 is coming, and the Nexus 5 supposedly leaked, but that's about it. I know stock markets are prospective by around 4-6 months, but this is strange.
Kudos to google, but investors are weird.
18. johnbftl (Posts: 220; Member since: 09 Jun 2012)
It's not strange. They just reported their quarterly earnings, and they exceeded then by nearly 10%. It has nothing to do with the excitement behind the expectation of a new product. It has to do with what Google made from July to September against what they expected to make in revenue.
19. johnbftl (Posts: 220; Member since: 09 Jun 2012)
Excuse me, they beat their quarterly earnings by 36%.
26. jroc74 (Posts: 5192; Member since: 30 Dec 2010)
Amazing considering where Google started....Simply amazing.
They are the definition of The Little Engine That Could...
28. darkkjedii (Posts: 12350; Member since: 05 Feb 2011)
Not anymore, now their the big engine that does lol.