AllThingsD observed in a story earlier today that AAPL's market cap has now eclipsed GOOG's. I, like most others, have been extremely impressed w/ Apple's innovation over the past several years now. Innovation is the common tie between these two companies, and other CEOs should be watching (emulating) them closely. For instance, Facebook could learn a lot from the way Apple launched AppStore for the iPhone. Rather than making the app platform an unwieldy free-for-all, and free, app marketplace, Apple correctly adopted the iTunes model of a store front - emphasizing mostly paid but also free apps. As a result, developers appear very happy w/ AppStore and Apple has a hugely successful (as in revenue) new product.
Link: Boom: Apple Worth More Than Google | John Paczkowski | Digital Daily | AllThingsD.
As Steve Jobs would say: “BOOM.” Apple (AAPL) has eclipsed Google (GOOG) in market value. Apple’s current market cap: $159.37 billion. Google’s: $157.56 billion.
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