Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more
“I wouldn’t be surprised if Apple is worth more than Google within two years,” former Valleywag writer Jordan Golson wrote last November. He probably didn’t think it would only take nine months — but it has.
In terms of market capitalization, Apple is now worth $158.84 billion to Google’s $157.23 billion, Digital Daily’s John Paczkowski noticed today.
Market capitalization is measured by taking a company’s share price and multiplying by the number of shares outstanding. The fact that Google is off its all-time high share price by nearly $250-a-share ($747.24 to $500.03) while Apple is only off its high by about $20-a-share ($202.96 to $179.30) is playing a role in the reversal.
For some perspective, both are still about $100 billion behind Microsoft, which has a market cap of $254.83 billion.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more