Apple: A better stock than Google? � mathewingram.com/work |
It’s become so commonplace now to think of Apple as a consumer products star — given the success of the iPod, iTunes and the iPhone — that I think we sometimes forget how far this company has come in just the past four or five years. Google has grown a phenomenal amount in that same span of time, with a share price that has increased five-fold, going from $100 to the current $500 level, and revenues that are now at $20-billion. Apple, however, makes Google’s growth look almost anemic by comparison: its shares have grown 10-fold, from about $16 to more than $170 at their current level, and revenue is at $30-billion.
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