Thursday, April 5, 2012

Apple vs Google

Wow folks, the day that seemed impossible is almost today! That Apple's per share value to be equal to that of Google's. If you told me a few months ago I'd have told you to go see your shrink! A few secs ago, it was 631 and change for Apple and 632 and change for Google! Wow and wow again! Getting there! And it's fool bloody moon shortly. Would that have something to do with it? BTW, in case you were wondering... Apple has got 932M shares outstanding whereas Google's got only 325M. 2.87x less that is. Meaning, they are now trading at a market cap situation where Apple is almost three times more worth than Google. The latter is trading at about 21.3 P/E ratio, and Apple, with more than 3.5 times in annual revenue than Google's trades at a 17% lesser P/E ratio (18 and change). Way to go APPLE! So sad His Jobness has to watch this from Heavens. Let the soil covering his body be light (like Greek folks use to say for the dead).
UPDATE: Done deal!

No comments: