Tuesday, October 02, 2012

Google Now More Valuable Than Microsoft, Showing Mobile's Might | Wired Business | Wired.com

Another major Microsoft milestone; also see Google Leapfrogs Microsoft in Market Value (NYT)
"As the markets closed Monday, fast-rising Google (GOOG) shares finally put the search giant’s value ($249.1 billion) higher than Microsoft’s ($247.2 billion). This milestone comes despite Microsoft’s healthy performance over the past year, in which shares are up nearly 20 percent even though the company reported its first-ever quarterly loss since going public.
But investors over the past three months have turned seriously bullish on Google. Shares are up more than 30 percent since the end of June, while Microsoft (MSFT) has stayed flat. (Ten-ton gorilla Apple is the only tech company worth more, with a value greater than that of Google and Microsoft combined.)"
Google Now More Valuable Than Microsoft, Showing Mobile's Might | Wired Business | Wired.com
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