Apple now bigger than Jesus, er…Google
“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.
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About the Author, MG Siegler
MG Siegler writes about technology trends and new media for VentureBeat, with a focus on mobile topics, social elements and key news stories. Before that, MG wrote about technology on his blog, ParisLemon. Originally from Ohio, MG attended the University of Michigan where he studied film. He's previously lived in Los Angeles where he worked in Hollywood and in San Diego where he did web development. He now lives in San Francisco.