Technology content trusted by users in Australia and around the world.
4,962 Articles | 29,974 Posts
Select Your Edition:  
Tweakipedia
A wealth of
tech information!

AU EditionYou are located: Home > All News > Business, Financial & Legal News > Google passes Microsoft to become the second most valuable tech company

Google passes Microsoft to become the second most valuable tech company

By: (more) | Business, Financial & Legal News | Posted: Oct 2, 2012 4:34 am

I still remember the old days of HotBot, Yahoo, Alta Vista and so many other search engines. If I wanted to search for something particular, I'd use a specific search engine, then this 'Google' came out and I tried it out - oh how it has grown since, not just in its power, but the value behind it.

 

google_passes_microsoft_to_become_the_second_most_valuable_tech_company

 

Google threw Microsoft to the side today, overtaking them to become the second most valuable tech company in the world. The Mountain View-based company's stock value increased 0.7% to $759.98 giving the company a market capitilization of around $249.2 billion. The now number three company, Microsoft, saw their shares drop 0.3% to $29.67 a piece, giving them a valuation of around $248.7 billion.

 

We know that the PC hardware space is struggling, and Google don't really have much product in that market. Google have a huge chunk of the mobile OS market with Android, owning roughly 64% of the smartphone OS market. Apple is still way out ahead in terms of value, with their latest valuation pegging the iPhone maker at $632.9 billion.


SOURCE #1

Related Tags



Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

TweakTown News RSS FeedDo you get our news RSS feed? Get It! Got a news tip? Tell Us!

Post a Comment about this news



Check out our
RSS feeds!
  • Upcoming Content: NVIDIA GeForce GTX 780 3GB Overclocked - Closing the gap on the GTX TITAN
  • Upcoming Content: Scythe Mugen 4 Tower CPU Cooler Review
  • Upcoming Content: NZXT Grid 10 Port Fan Hub Review
  • Upcoming Content: Western Digital My Passport Edge for Mac 500GB External HDD Review
  • Upcoming Content: PQI Air Card 4GB Wi-Fi SDHC Review
  • Upcoming Content: LaCie CloudBox 1TB Personal NAS Review
  • Upcoming Content: Star Trek: The Next Generation - Season Three (1989) Blu-ray Review
  • Upcoming Content: The Hobbit: An Unexpected Journey (2012) Blu-ray Movie Review
  • Upcoming Content: Whatever happened to Comodo Time Machine?
  • Upcoming Content: ADATA DashDrive Elite UE700 USB 3.0 Flash Drive Review
  • Upcoming Content: MyDigitalSSD BP4 240GB mSATA Review


Business, Financial & Legal News Posts

View More Business, Financial & Legal News Posts


TweakTown Web Poll

Question: What new stuff are you most excited to see at Computex Taipei 2013?

Cases, Coolers & PSU’s

CPU's

Gadgets

GPU's & Video Cards

Keyboards & Mice

Laptops, Tablets & Phones

Motherboards & Chipsets

New Tech

SSD's & Memory

Booth Babes

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Business, Financial & Legal Press Releases

View More Business, Financial & Legal Press Releases