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Apple Passes Google and Microsoft
Published Feb 13, 2012
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While most tech companies’ stock prices are declining, Apple’s latest update indicates their stock price jumped to $493 per share, well beyond Google and Microsoft. With the current price, the company is worth $456 billion – more than Microsoft and Google combined.
Simultaneously, Google’s shareprice sits at $189.9 billion since sliding down 9% since the company announced lower revenue and declined earnings. Microsoft dropped 6%, with the Windows division valued at $4.7 billion.
“Apple’s market cap has grown tremendously, part in thanks to the iPhone business, which is alone worth $222 billion. Think about that for a second – the iPhone business revenue is now worth more than Microsoft,” MyBroadband wrote.
Posted by
VMD - [Virtual Marketing Department]
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