Tech Giants Apple and Google See Rising Stock Values
For those of you who are interested in the stock market it might be interesting to see the trends seen by two of today’s tech giants. Apple’s stock last October right after the company’s Q4 2011 earnings report has jumped a respectable 6% bump. The price closed in at $398.62 on October 19 and just last Friday closed at $422.40.
Going back to October 19th, Apple’s stock was being sold left and right with the announcement of the iPhone 4S and the death of Steve Jobs. Those who sold the stocks in the quick panic of the time are probably regretting the decision as the stock has risen quite respectably at that. As time moves on, Apple continues to make big moves with rumors of Apple’s television set
running rampant, along with a slew of iPad 3 (and even iPad 4) rumors
, as well as high anticipation for the next generation iPhone
(which is said to be changed significantly).
As we move forward in time though, it is becoming quite apparent that Apple and Google are quickly gaining attention as smartphones become more and more popular. This became even more apparent with news of a 353% increase in Android and iOS activations on Christmas Day, which we previously reported
. If you take a quick look at Google, buying Google stocks during the same dates would have been an even better idea. On October 19, 2011, Google closed at $580.70 and just last Friday closed at $652.73. That is double the bump in price the stocks saw compared to Apple’s (coming in at a 12% increase).
What do you think about where Apple and Google are headed in the future? Do you own any Apple of Google stocks? Share any thoughts and opinions below!