Tuesday, October 2, 2012

Google market value overtakes Microsoft.

WorldWide Tech & Science. Francisco De Jesùs.

Google market value overtakes Microsoft.

Google has overtaken Microsoft for the first time in terms of market value, becoming the third-most valuable company on public markets behind Exxon Mobil and Apple.

Based on closing prices yesterday, Google's shares ended the day to value the company at US$249.1 billion, nearly US$2 billion more than Microsoft. Google is in an escalating arms race with Apple (US$628 billion), the next company in Google’s sights, after Apple launched its own less-than-stellar maps application that replaced a Google-powered version on the iPhone.

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