"Much of the movement happened in the last few months of 2012, as large investors, including hedge funds, pulled money out of Apple and, in some cases, poured it into Google, in order to maintain exposure to the “large-capitalization” technology sector, according to Colin Gillis, senior technology analyst and director of research at BGC Financial.Google Hits the ‘Glass’ Pedal as Apple Falls to Earth | TIME.com
“As Apple started selling off, Google started taking off,” Gillis said in a phone interview. “If you’re an investor and you want exposure to large cap tech stocks, there aren’t that many places you can go.”"
Tuesday, February 26, 2013
Google Hits the ‘Glass’ Pedal as Apple Falls to Earth | TIME.com
Also see Eying Apple (The New Yorker), for more Apple stock price analysis
Subscribe to: Post Comments (Atom)
Post a Comment