Apple Tops Google

Today, the market capitalization of Apple exceeded Google for the first time since Google went public. Both Companies are now valued at $185 billion. In 2007 Google had revenue of $16.6 billion and net profit of $4.2 billion. Apple had revenue of $24 billion and net profit of $3.5 billion. Since Google went public on 27 August 2004 their stock price is up 367% and Apple is up 1064% – both pretty good. I own Google and have it as the largest holding in the 12 stocks for 10 years portfolio.

Related: Buy GoogleStop Picking StocksLazy Portfolio ResultsGreat Google Earnings

Comments

3 responses to “Apple Tops Google”

  1. Apple currently has the 4th largest market capitalization for USA stocks, behind ExxonMobil (over $300 billion), Microsoft ($250 billion) and Wal-Mart and ahead of Berkshire Hathaway, General Electric, Procter & Gamble and Google ($180 billion)…

  2. Google now has a market cap of $171 billion, Apple is almost double that – just 3 years ago Apple first exceeded Google’s value…

  3. You can’t grow quarterly sales from $26.7 billion to $46.3 billion. $26 million to $46 million, fine that is possible, billions however – not possible. Except Apple did. You can’t grow a $6 billion quarterly profit to $13 billion in 1 year. Except Apple did. You can’t generate a cash flow of $17.5 billion in a quarter. Except Apple does… These figures would not have been seen as unlikely just 3 years ago. They were impossible. But Apple achieved them…

Leave a Reply

Your email address will not be published. Required fields are marked *