Google has surpassed Microsoft for the first time today becoming the world’s second largest tech company following Apple. Google gained a market capitalization of about $249.9 by rising 1 percent to $768.78 compared to Microsoft which dropped down 1 percent to $29.49 for a valuation of $247.2 billion.
This rise can be greatly credited to the post PC era ruled by Android mobile operating system and the Internet which is used as the primary tool for software and computing tasks today.
While Apple’s nearly $632 billion valuation may not to at Google’s reach in the near future we can be sure Microsoft and Google will continue to battle for second place in the months to come.
source – Bloomberg