Between the iPhone 5 and a skyrocketing market cap, all eyes are on Apple these days as the most important tech company in the world. But that doesn?t mean that rival
Image via CrunchBase
Google isn?t having a perfectly nice day as well ? the company?s stock price passed $700 today, and is currently sitting at around $709 (even if the market cap pales in comparison to Apple?s).
Like Apple, Google?s recent triumphs have to do with hardware ? the Nexus tablet has been doing well recently, though the Android-powered Samsung phones just took a major hit in the courtroom. Amazon?s Kindle Fire is about to make the tablet market even fiercer, but Google is still in a strong position going forward.
Mashable notes that the last time Google made it up this high was back in 2007 ? also that these particularly high prices won?t last forever, because shareholders recently approved a stock split that will halve the value and double the quantity of Google stock overall.
Source: http://www.forbes.com/sites/davidthier/2012/09/07/google-stock-shoots-over-700-a-share/
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