Tuesday Oct 2 2012
Google GOOG has now surpassed MSFTto become the second largest tech company behind Apple.
Just a few years ago Bill Clinton's Justice Dept sued MSFT over anti trust violations.The Euro Courts also took MSFT to the cleaners. In themeantime GOOG beganand surpassed MSFT. GOOG has 66% of the search market while MSFT is stuck at 18%. It is truly amazing how quickly things can change in the tech world.
Not long ago there were fears that Wal Mart would take over retailing period. Now there are efforts to keep them out of neighborhoods. As Tom Sowell observed, the A & P company used to dominate the grocery business, no more. Only 12ears ago Mike Dell sugested that Apple collapse the company and distribute the cash to shareholders, who is laughing now.
The market is usually the best artibter of who gets to be the Elephant on the coffee table.
Leave a reply to Alfred Salazar Jr. Cancel reply