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Google shares hit new high; Apple continues to fare poorly | India Gadgets News

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Home » Apple, Everything Else, Google » Google shares hit new high; Apple continues to fare poorly

Google shares hit new high; Apple continues to fare poorly

Google saw prices of its shares rising to $821.50 while Apple shares were priced at $420 a piece at closing time, as bulls went berserk at Wall Street. Traders had a reason to cheer as Dow achieved an all time high yesterday with the blue-chip index closing at 14,253.77 points on 5th march 2013. In all of this turmoil,  Google is in firm control as with its shares hitting an all time high it sits comfortably in third place with Apple and Exxon Mobil ahead, as far as, market value is concerned.

Google is a company that continues to change and surprise many people all over with their products and marketing, while Apple relies on its past products to strike a chord with the current generation. Current market specs indicate that the bulls are well within Google's camp while Apple will be playing host to the bears until news of their next product is out. Apple might find it hard to grow in current market conditions as it's well capitalized as compared to its rivals.

Google on the other hand is expanding its business rapidly as now days most smartphones use Android platforms for operating. On the other hand Apple is loosing out to Samsung in the high end smartphone segment. This means that Google is capitalizing greatly wherever Samsung is making a stand as all of its products make use of the Android OS.

google share price hit high

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