Apple Now Worth More Than Google (Surprised?)
In a development that has tech investors buzzing (or at least humming), a little computer and gadget manufacturer based in Cupertino, California, has managed to exhibit such overwhelming growth in recent years that its market value is now bigger than that of search behemoth Google. That manufacturer is, of course, Apple, and that this is even news shows the rather topsy-turvy state of the technology sector right now, where a simple search engine that relies primarily on tiny text ads to earn money could even be compared with a thirty-year-old Silicon Valley establishment (and that we'd be astonished that said establishment was bigger than the relative newbie).Apple was founded back in the '70s as an upstart personal computer manufacturer and boomed in the '80s as more and more schools wanted easy-to-use machines for classrooms. By the early '90s, however, Apple couldn't keep up with the growth of the Microsoft. In the late '90s and early part of this decade, the company reinvented itself to focus more on lifestyle computing, releasing the iPod in 2001, and, last year, the iPhone, both of which have been huge successes, as have been the company's line of laptops, most recently the ultra-chic MacBook Air.
As of now, Apple doesn't look to be showing any signs of slowing down. While Google hasn't exactly done anything massive lately, the pending release of the first Android mobile phones makes us think this fight is bound to go on for quite some time to come -- or until the two companies merge and take over the world. [Source: AllThingsD]
_thumbnail.jpg "Vintage Keyboards")
Reader Comments (Page 1 of 1)
pheer6224 said 1:36AM on 8-17-2008
In money, yes. In advancement, no.
Reply