Attention Shoppers: Apple Worth More Than Google

Attention Shoppers: Apple Worth More Than Google

Summary: Apple and Google almost are acting like the McCain and Obama campaigns. You try to grab attention and I’ll (try to) top you.

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TOPICS: Browser, Apple, Google
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Apple and Google almost are acting like the McCain and Obama campaigns. You try to grab attention and I’ll (try to) top you. Just when Google took over the tech news attention cycle for a full 24 hours, the invitations for its “Let’s Rock” event went out. So now, all ears are fixated on what new iPods will be launched next Tuesday (Sept. 9) in San Francisco. Meanwhile all eyes (including those of ZDNet editor-in-chief Larry Dignan, in serial postings) have been fixated on Google’s introduction of its Chrome browser. The implications for individuals and corporations of a significant new (well-funded) entrant into the Web access battles are wide-ranging. But Microsoft is not about to just walk away. It just had its introduction of its new version of Internet Explorer sideswiped, not just once (Google) but twice (Apple). Still, for the majority of Web users, the enhancements to Explorer will have more immediate effect, with improved privacy, search and speed. Sure a “smart address bar” should not be that big a deal. But for the average Explorer user, it could well be. What’s a bit surprising is how investors are stacking this all up. Sergey Brin and Larry Page get a bit market cap bonus for constantly introducing or seeming to introduce new products that will shake up how the Web is used. For that, they are granted a market worth of $145.7 billion, which is 58 percent of Microsoft’s $249.2 billion market cap. This, even though Microsoft revenue and profits are three times that of Google and it takes more of each dollar to the bottom line. But, what’s this? Who’s now valued higher than Google?

It’s Steve Jobs and Apple. Classic and new iPods beat Google’s Chrome, even today, on Wall Street. Apple’s market worth is $5 billion better, at $150.2 billion – even though it takes less to the bottom line than Google, on more revenue. And even though Apple has a fraction of the profits and business of Microsoft. The selling in Cupertino never stops.

Topics: Browser, Apple, Google

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8 comments
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  • So what?

    Honestly, I will suffer if Google is not here and Apple not affecting my life. I never use Apple products in years but I use Google search engine everyday. So, Google worth more for me.
    cruggeld
    • Agreed, far more people use Google than Apple products

      Number of internet searches >>> Number of iPods, iPhones (which support Google), and Macs...

      Google is relevant to a far larger population of people. Apple is only relevant to people who physically own one of their luxury hardware items.
      T1Oracle
      • are you sure?

        Many people use Apple products everyday. QuickTime is
        on many PC's. So too is iTunes. And iPod has 80% of the
        market place for MP3 players. And many of the TV shows
        watched on TV were developed using Apple products, such
        as QuickTime and Final Cut Pro.

        Then there is the iPhone phenomenon. You might think
        they are a tiny amount of people, but the web traffic they
        generate shows they are to be reckoned with.

        Google is used a lot for searches, but how many people
        actually do a search each day. I mean average people. Not
        that much.
        veggiedude
        • RE:are you sure?

          "QuickTime is on many PC's"

          It is certainly because many don't know that VLC can
          efficiently replace both Quicktime and Windows Media
          Player.

          "And many of the TV shows
          watched on TV were developed using Apple products,
          such as QuickTime and Final Cut Pro."

          You mean in U.S.A,right ?
          Because i have yet to see it in other countries such
          as european countries !
          timiteh
        • Wow

          [i]Google is used a lot for searches, but how many people actually do a search each day. I mean average people. Not that much. [/i]

          That's so wrong it's stunning.

          On my drive in to work this morning I heard on the morning radio news that Forbes magazine rates Google.com as the number one web destination, with 120 million visitors per day.
          Hallowed are the Ori
        • Why don't you Google for those statistics?

          That's what the average person would do.
          Letophoro
    • I agree too

      Google is much more useful worldwide than Apple.
      Moreover Google offerings are for most of them free
      while Apple offerings are for most of them overpriced
      >:)
      This could explain why Apple is more important for
      those money obsessed guys of Wall street.
      timiteh
  • Steve Jobs and Apple

    "But, what???s this? Who???s now valued higher than
    Google?

    It???s Steve Jobs and Apple. Classic and new iPods
    beat Google???s Chrome, even today, on Wall
    Street."

    Just wait for the new laptop refresh coinciding
    with the iPod refresh. You think their hoppin
    now? If speculation is correct we are going to
    see some pretty cool devices this year.
    Kid Icarus-21097050858087920245213802267493