X

Sign in

Sign in to confirm

Have you forgotten your password?

... or login with Facebook:

Don't have an AndroidPIT account yet? Sign up

Google becomes the second most valuable company in the world

Anthony Muzonzini
4

Google has now surpassed Exxon Mobile to become the second most valuable company in the world with a market capitalization of about $391B.

Google first passed Microsoft’s market value in October 2012 to become the fourth most valuable company in the world at the time although the two tech behemoths traded places soon after that.

google logo 2
Google has recently become the second most valuable company in the world behind its chief rival Apple / © Google

The company behind the most popular mobile operating system in the world in Android now only has Apple ahead of it in terms of market capitalization but it has a long way to go in order to catch up with Cupertino and become the most valuable company in the world. According to data from Factset Research, Google in now $75B behind Apple in terms of market capitalization.

Last year, Google’s stock hit $1,000 for the first time thanks to strong 3rd quater earnings and also thanks to investor optimism for Google being able to grow its ad business as well as to continue innovating with its other products.

Do you think that Google can end up becoming the world’s most valuable company or do you think Apple will be able to maintain its grip on the number one spot? Please leave a comment and we will get back to you.

Related Topics

From the forum. Join the discussion now!

Related Articles

Magazine / Hardware
1 1 day ago

Android L update for Nexus 4 coming after all?

Magazine / Updates
12 4 days ago

Android 5.0 L: what you need to know [updated]

Magazine / Updates
2 2 weeks ago

Android L vs iOS 8: the battle that benefits everyone's devices

Comments

Write new comment:
  • Reg Joo 7 months ago Link

    In terms of $ , google's not that far behind, when you consider that it's forays into automotive, robotics, and other far reaching tech, are in a league by itself, as far as big companies go. Apple can't touch it.

    1
    0
  • metz2000 7 months ago Link

    Who cares except stock holders?? So what if it's second, first or thousandth?

    0
    0
  • CJ Brown 7 months ago Link

    While spending billions to obtain Motorola patents, then selling off Motorola (and keeping the patents) at a loss, meant losing its financial position ... Google is strategically setting itself up for what I call #AndroidWorldwide in the future (more android smart phones sold worldwide means Google will be selling you its technology worldwide) ... All that's left is for Google+ to take users at Facebook away from that social network (and then merge with Instagram) ...

    0
    0
  • Anthony Muzonzini 7 months ago Link

    its kind of fascinating how in 15 years Google started from the bottom now they are 2nd from the top

    0
    0