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Google Becomes More Valuable Than Microsoft

By - Source: Twitter | B 31 comments

Google's market cap has surpassed Microsoft in early trading.

Google has surpassed Microsoft's market valuation to become the world’s second-largest technology company.

This morning at 11:13 AM in New York, Google's share prices enjoyed a 0.7 percent increase to $759.98, resulting in a market capitalization of around $249.2 billion. The search engine giant's previous record was $747.24. Microsoft, however, saw its shares fall 0.3 percent to $29.67, representing a $248.7 billion valuation.

To put this in some perspective, Google was $19 billion behind Microsoft in market capitalization during the opening stages of 2012. If you look back two years ago, the latter was the world’s most valuable technology company, but was beaten by Apple due to the hype of the iPhone 5. The iOS developer's own market valuation, meanwhile, is a staggering $632.9 billion.

“The PC hardware business is obviously struggling,” said Martin Pyykkonen, a Wedge Partners analyst to Businessweek. “The transition here is pretty straightforward in terms of where things have moved to and certainly that’s cloud, that’s Web.”

 

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Top Comments
  • 22 Hide
    jimmyjohnz , October 1, 2012 7:24 PM
    I'm a supporter of this as long as Google sticks to their motto.

    Don't be evil, Google, please don't be evil.
  • 22 Hide
    boyabunda , October 1, 2012 6:32 PM
    Will eventually overtake Apple...
  • 21 Hide
    JOSHSKORN , October 1, 2012 6:35 PM
    If Microsoft would have JUST tweaked Windows 8 so we can...:::ehem:::...START it the way we want to...
Other Comments
  • -7 Hide
    master_chen , October 1, 2012 6:25 PM
    FINALLY. THE TIME HAS COMETH...
  • 3 Hide
    jhansonxi , October 1, 2012 6:29 PM
    I expect that analyists will see this as another Ballmer milestone. It will be interesting to see if Win8 changes the trend (I have doubts).
  • 22 Hide
    boyabunda , October 1, 2012 6:32 PM
    Will eventually overtake Apple...
  • 21 Hide
    JOSHSKORN , October 1, 2012 6:35 PM
    If Microsoft would have JUST tweaked Windows 8 so we can...:::ehem:::...START it the way we want to...
  • 12 Hide
    eternalkp , October 1, 2012 6:50 PM
    I hope it will take Apple
    I love google. Beside Jelly Bean.
    I mean google has given us so many FREE things...
    google search, map, translate, earth, gmail, chrome, drive, youtube, voice, currents, local, vtok, latitude, wallet, shopper.

    Apple charges for everything. I remember buying a $300 ipod and NO songs came with it.
    AppleTV, what a joke concept. Why would I buy tv shows?

    My western digital hdtv player is awesome. Playing 1080p mkv files with subtitles
  • 2 Hide
    maximus81 , October 1, 2012 6:56 PM
    Wait till Microsoft releases Windows 8 and we will see it go down even more.
  • 4 Hide
    bllue , October 1, 2012 7:12 PM
    eternalkpI hope it will take AppleI love google. Beside Jelly Bean.I mean google has given us so many FREE things...google search, map, translate, earth, gmail, chrome, drive, youtube, voice, currents, local, vtok, latitude, wallet, shopper.Apple charges for everything. I remember buying a $300 ipod and NO songs came with it.AppleTV, what a joke concept. Why would I buy tv shows?My western digital hdtv player is awesome. Playing 1080p mkv files with subtitles

    I wouldn't say it's exactly free considering your entire internet history and person is sold to the highest bidder
  • 13 Hide
    ddpruitt , October 1, 2012 7:21 PM
    Imagine Apple and Microsoft are both over 25 years old, Google's done it in only 10. Let's see what the next 10 years bring.
  • 22 Hide
    jimmyjohnz , October 1, 2012 7:24 PM
    I'm a supporter of this as long as Google sticks to their motto.

    Don't be evil, Google, please don't be evil.
  • 4 Hide
    fwaits , October 1, 2012 7:28 PM
    Shows how powerful the ad revenue business is in this day and age.
  • 2 Hide
    DiggityDoggie , October 1, 2012 7:32 PM
    I've been using google since 2001. I'm switching to Bing if they take away iGoogle.
  • 12 Hide
    house70 , October 1, 2012 7:39 PM
    Keep your heads cool, people.
    I like Google, I kinda even like Microsoft and I dislike Apple as much as the next person, but these are just numbers on paper. They don't really mean anything. Today can be up, tomorrow can be down and that does not change what a company is about. I like what Google is about, and Microsoft as well.
  • 5 Hide
    master_chen , October 1, 2012 7:49 PM
    Quote:
    Don't be evil, Google, please don't be evil.

    Look at today's YouTube... :\
  • 3 Hide
    mayne92 , October 1, 2012 8:25 PM
    "...but was beaten by Apple due to the hype of the iPhone 5"
    Yup, pretty much
  • 11 Hide
    JamesSneed , October 1, 2012 8:41 PM
    Quote:
    Imagine Apple and Microsoft are both over 25 years old, Google's done it in only 10. Let's see what the next 10 years bring.



    Not trying to nitpick but Apple (1976) and Microsoft(1975) are both over 35 years old and Google(1998) is 14 years old.
  • 0 Hide
    gamoniac , October 1, 2012 9:12 PM
    ddpruittImagine Apple and Microsoft are both over 25 years old, Google's done it in only 10. Let's see what the next 10 years bring.


    But Google could not have done it without Microsoft and Apple, which provide the OS for people to use Google services when Google was just a browser. Nothing last forever, and definitely nothing stays on top forever. That is the only constant in the tech world.... but who knows, maybe one of these familiar names would still be the leader 50 years from now.
  • 0 Hide
    captaincharisma , October 1, 2012 9:22 PM
    if windows 8 turns out to be a flop i can see MS being in the same kind of trouble like RIM is right now
  • -4 Hide
    bee144 , October 1, 2012 9:35 PM
    boyabundaWill eventually overtake Apple...

    Apple is a whole Google ahead of Exxon Mobil, the worlds second most valuable company.
  • -5 Hide
    robochump , October 1, 2012 9:35 PM
    They are all US companies so GO USA!!! Just please continue to compete with each other so we the consumers can benefit! :) 
  • 8 Hide
    captaincharisma , October 1, 2012 9:41 PM
    Quote:
    They are all US companies so GO USA!!! Just please continue to compete with each other so we the consumers can benefit! :) 


    yes go USA :lol:  . continue to let apple get away with ripping other companies off
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