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
"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.
“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.”"
Google Hits the ‘Glass’ Pedal as Apple Falls to Earth | TIME.com

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