Google tops Microsoft, becomes second most valuable tech company

By Shawn Knight
Oct 1, 2012
Post New Reply
  1. Google is now the second most valuable technology company in the world, bumping Microsoft to bronze status earlier this morning. Google stock value increased 0.7 percent to $759.98, giving the search giant a market capitalization of roughly $249.2 billion. Microsoft,...

    Read more
  2. ReederOnTheRun

    ReederOnTheRun TechSpot Booster Posts: 310   +62

    Rock on, now get Google fiber moving across the country already!
  3. KbloodyK

    KbloodyK TechSpot Member Posts: 24

    I freaking love google! they deserved it!
    -The KbloodyK
    danhodge likes this.
  4. Though I am pro-market I find such huge valuations of these companies to be very unnerving. A company that generates only a few billion a year and is in an industry as capricious as software and Internet search is not really an attractive stock to me. Again odd for me because I generally favor supposedly risky stocks. It must be the fact that so many simpleton financial "advisors" claim that GOOG and AAPl are smart stocks and are safe.
  5. avoidz

    avoidz TechSpot Maniac Posts: 452   +53

    If only bought some Google stock back in the late 1990s. Even though they were clearly the best at what they did back then (simple search), who knew the bubble would burst and which tech companies would emerge unscathed.
  6. Congratulation Google! You are really my favorite company.
    KbloodyK likes this.
  7. ReederOnTheRun

    ReederOnTheRun TechSpot Booster Posts: 310   +62

    I wonder how your portfolio is doing with that logic.
  8. Carlos Garcia

    Carlos Garcia Newcomer, in training

    I love google...
  9. RajeGera

    RajeGera Newcomer, in training Posts: 50

    Microsoft has always been way ahead in producing tools n softwares for developers by which it industry gained immensely.Big Respect!!(I favor Google over Bing at searches.)
  10. "Though I am pro-market I find such huge valuations of these companies to be very unnerving. A company that generates only a few billion a year and is in an industry as capricious as software and Internet search is not really an attractive stock to me. Again odd for me because I generally favor supposedly risky stocks. It must be the fact that so many simpleton financial "advisors" claim that GOOG and AAPl are smart stocks and are safe."

    --->"A company that generates only a few billion a year and is in an industry as capricious as software and Internet search is not really an attractive stock to me"

    yes, we can see how "pro" you are.. you may find google stock isn't attractive, but you're laughstock unable to see the bigger picture
  11. TJGeezer

    TJGeezer TechSpot Enthusiast Posts: 384   +10

    "Unnerving" is not a "don't buy" assessment. It hardly seems to merit a "laughstock" (whatever that is) description of someone for noticing how out-of-whack these valuations have been getting. Not sure how much they actually mean, aside from clearly reflecting major herd movements.
  12. Zecias

    Zecias TechSpot Booster Posts: 202

    a FEW billion(http://investor.google.com/financial/tables.html) right......
    Google is also constantly expanding into different markets(usually with a good amount of success). They have done a great job of expanding their business and keeping themselves relevant. Investing in a company with continuous growth and an undying presence in many markets is never a bad thing.


Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.