Google Surpassed Microsoft In Market Value
(Usama Muhammad Noman, Karachi)
Two years ago Apple surpass
Microsoft’s market value, it was not less than a heart attack for the most
valuable company of United State. But now there is another shock has just given
by Google to Microsoft, Google who didn't even exist 15 years ago has surpassed
Microsoft’s market value of $247.44 billion having its value of $249.19 billion.
The market value is calculated by multiplying the number of outstanding shares
of a company by the company’s stock price. Although Google has just beaten its
competitive Microsoft in Market value yet there is a long way to cover to
surpass Apple. Google is now the 3rd most valuable company of USA after Apple
and Exxon Mobiles and the second world’s largest technology company.
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Beside all these facts Microsoft is still the king of software era, the software
business is still the best source of profit for the company but it is now not
growing with the pace as it once was. The reason of this drop in the pace is new
Smartphone technology, a large number of people are moving to Smartphone leaving
their PCs behind.
Mr. Thill said, “People have failed to give them a deeper multiple because
everyone thinks they’re on the downhill.” This all has been happening after
Apple surpassed Microsoft in Market value back in 2010.
Google stock rises by 18% this year, this is because they have succeed largely
in convincing people that it is not only about searching, mailing and putting
ads on the websites. Google has expended largely in its search ads, after the
availability of displaying ads on YouTube, mobile applications and other
devices. Google is also expecting to surpass Facebook and Yahoo this year in
online display advertising. Experts are also surprised with this progress of the
company and if Google surpass Facebook and Yahoo according to expectations, it
will be earning $2.31 billion in from ads revenue.
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Bill Whyman is an analyst at International Strategy and Investment (ISI), said
that,
“They have vastly different growth prospects.”
Steve Jobs’ idea of iPhone, iPad, and to make the era of PCs a history has
largely been helped by the investors which made company to surpass Microsoft
before the death of legend. Apple is currently having market value of $618.44
billion more than anyone else.
[This article was originally published on infinityLoopers.com]