As Apple stumbles, Google stock surges to record heights, flirts with $800

As Apple stumbles, Google stock surges to record heights, flirts with $800
If you are following the stock market with a focus on technology you’d know one thing - the former blue chip Apple stock has fallen catastrophically from its nearly $700 September peak to around $450 where it has remained relatively stable in the past couple of weeks.

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.

source: Google

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37 Comments

1. -box-

Posts: 3991; Member since: Jan 04, 2012

good for google! Hope apple keeps falling!

3. Mxyzptlk unregistered

Not good for the user if the recent article regarding privacy on the Playstore is of any indication.

13. s.mrabet

Posts: 147; Member since: Oct 26, 2011

In every article, you are desperately trying to defend apple... just pathetic.

22. rusticguy

Posts: 2828; Member since: Aug 11, 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: 6023; Member since: Dec 30, 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 unregistered

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.

6. lauremar

Posts: 181; Member since: Feb 29, 2012

You're in denial bro! LMFAO

8. Mxyzptlk unregistered

I'm not in denial.

14. s.mrabet

Posts: 147; Member since: Oct 26, 2011

You are in mid life crisis

15. Mxyzptlk unregistered

I'm not quite old enough for a mid life crisis.

24. lauremar

Posts: 181; Member since: Feb 29, 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: Mar 06, 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: 7305; Member since: Dec 05, 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 unregistered

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: 685; Member since: Nov 23, 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.

18. gwuhua1984

Posts: 1237; Member since: Mar 06, 2012

Do you have a credit card?

19. protozeloz

Posts: 5396; Member since: Sep 16, 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: 685; Member since: Nov 23, 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: Feb 19, 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: 3991; Member since: Jan 04, 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: 807; Member since: Jul 20, 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...

32. gmracer1

Posts: 646; Member since: Dec 28, 2012

ROFLMAO It's now become too obvious that he purposely posts comments like this one Mxyz, you're a trip, bro.

37. jroc74

Posts: 6023; Member since: Dec 30, 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: Aug 11, 2012

It's no m ore most valuable.... get your stats updated.

4. lauremar

Posts: 181; Member since: Feb 29, 2012

Dear Apple - There's a lesson to be learn here... "Just innovate, don't litigate"... Take it from Google...

5. InspectorGadget80 unregistered

GOOD NEWS FOR ONCE! with new android flagship for 2013 with FULL 1080P HD SCREENS on the way

9. ama3654

Posts: 295; Member since: Nov 27, 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!

21. henrickrw

Posts: 408; Member since: Sep 16, 2011

Me to. Hope apple keeps failing

23. rusticguy

Posts: 2828; Member since: Aug 11, 2012

All Apple ANALysts are numbed and silenced in by the shockwave of Thermo nuclear War which has backfired on Apple!!!

28. gallitoking

Posts: 4721; Member since: May 17, 2011

so now we can expect Google to fall as well...

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