Google Equals Apple In Value. And Vice Versa!
People often compare market capitalization (current share price times the number of shares outstanding) for public companies as an indicator of success / failure, and one surpassing the other as a sign that one is overtaking the other, regardless of whether they’re actually full-fledged competitors or not.
Google and Apple, for example, have been making headlines when stock transactions
So here’s a fun fact to start off the week with: the market cap for both Google and Apple are currently tied at about $170 billion after Friday’s market close.
source: techcrunch
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