Apple’s Financial Strength More than Google's and Microsoft's Combined
As reported by Hayley Tsukayama via the Washington Post, Apple has enjoyed a great week at stock market and with hovering stock price of $462 at mid Friday, February 10, 2012. Apple’s market cap was witnessed to be a little bigger than the combined values of Google and Microsoft.
As per data given below in the table, Apple’s cap was around $462 billion as of mid-Friday while Microsoft and Google stood with $257 billion and $197 billion respectively. When compared with the combined worth of Microsoft and Google, Apple had an edge of $8 billion.
The same data is illustrated, graphically:
On the other hand, when the graphical behavior of stock of Apple and Google is analyzed (see graph below), the stock board of Apple shows a comparatively stable upward trend while that of Google’s behaves, relatively irregularly, demonstrating a wider up and down trend; a sign of un-stability.
On the data side, it appears that Apple stock increased by 161.12 points (28.15%+) during the last year whereas that of Google had a an opposite trend with decrease of 10.53 points (-1.73%).
It means the investors of Apple gained a lot despite the major setback of death of Steve Jobs, Founder and Former CEO of Apple. On the other hand, a layman may understand that the apparent aggressive growth policies of Google created some suspicions in the minds of its stockholders, resulting in ups and downs in its stock values.
Whether the new products being introduced by both the IT companies will boost their respective stock to new heights or not, depends upon future. Will iPhone 5 and iPad 3 by Apple and Cloud by Google will change the scenario is a question answer to which is difficult.
Lets’ wait and see the future trends of both the IT giants.