Boom: Apple Worth More Than Google
As Steve Jobs would say: “BOOM.” Apple (AAPL) has eclipsed Google (GOOG) in market value. Apple’s current market cap: $159.37 billion. Google’s: $157.56 billion. Not that we didn’t see this coming. Indeed, Valleywag predicted it back in November 2007. “Apple knows how to design not just gadgets, but the businesses that go around them,” the blog noted. “And as a result, we wouldn’t be surprised if Apple is worth more than Google within two years.”
Make that two years or less.
I wonder if Michael Dell would shut Apple (AAPL) down and give the money back to its shareholders now?