Apple Tops Google in Market Valuation
We’re not stock analysts, but we think it’s an interesting milestone when Apple, the “svelte computer maker turned mobile-phone innovator” (as Bloomberg calls them), surpasses Google’s market value for the first time. It’s also a reflection on Google, which is suffering from a bit of dot-com-era Amazon Syndrome, as investors await proof that Google can turn its various new projects into money-makers, the report said.
Apple is now the number three technology company in the Standard & Poor’s 500 index.
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