Google stock surges over $900 for the first time, company beats Microsoft in market cap
posted by Victor H. / May 15, 2013, 9:33 AM
This brings Google’s market capitalization to over $300 billion, and this figure starts to look close to the market cap of the world’s biggest tech company, Apple.
Google’s price to earnings ratio however is worse than Apple’s. Google has a P/E margin of around 27 while Apple’s one is only around 10.
But Apple is not the only rival we have to mention. With this recent share value surge Google has beaten Microsoft in terms of total market cap. Google’s current $300 billion are more than Microsoft’s market cap of $281 billion.
Those share evaluations are extremely volatile and unpredictable, though, and with Google I/O kicking off in hours we wouldn’t be surprise to see them change again rapidly. Stay tuned!
Posts: 1574; Member since: Jul 01, 2012
i suppose it will be over one grand after google i/o google = best company in the world
posted on May 15, 2013, 9:42 AM 17
Posts: 127; Member since: Jan 18, 2013
Awesome! I hope Google become the world first trillion dollar company
posted on May 15, 2013, 9:51 AM 13
Posts: 34; Member since: May 14, 2013
And is assume you will get 2% .....? Why you are so happy about it? Why does it matter?
posted on May 15, 2013, 9:58 AM 6
Posts: 2933; Member since: Oct 08, 2012
What goes up must come down. ― Isaac Newton
posted on May 15, 2013, 10:23 AM 8
Posts: 6023; Member since: Dec 30, 2010
One of the .....few....maybe only.....times I will agree with you. At the same time...I remember many Apple, iPhone fans gloating when Apple was $700 a share. In that same time span since then, Apple has dropped a few hundred and Google has kept going up. But you are absolutely right... I WISH I woulda get some Google shares back in the late 1990's. Had a chance to and didnt.
posted on May 15, 2013, 6:33 PM 1
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