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The Other Great Rotation: Google vs. Apple

*from, Mar. 5, 2013 (To view original article click here.)

Take Away #1: Shares of Apple (AAPL) continue to plumb to new lows.

Key Facts and Figures:

  • Apple’s stock has fallen 42%, dropping from an all-time high of $705 in September to a new 52-week low of $419 on Monday.
  • Monday’s slide pushed Apple’s market capitalization below $400 billion, but clawed back above that level on Tuesday.
  • Apple has ceded its title as the world’s most valuable company to ExxonMobil (XOM), which has a market cap of close to $403 billion at its current share price.
  • Apple has been among the 10 worst performing stocks in the S&P 500

Take Away #2: Google (GOOG) shares continue to soar to record levels.

Key Facts and Figures:

  • Google’s stock price has surged 17% so far this year hitting an all-time high Monday.
  • Google’s stock price continued to climb on Tuesday surpassing its previous intraday high to reach a new all-time high of over $840 per share.

Take Away #3: Google not resting on its laurels, while Apple struggles to maintain its legacy of innovation.

Key Facts and Figures:

  • Google remains the world’s leading search engine, and has been working on new consumer products and developing tools for advertisers to target those customers.
  • Apple has yet to have a new blockbuster since its visionary leader passed away in 2011.
  • Apple Inc. CEO Tim Cook has hinted at the potential of the Apple TV, and there are rumors of an ‘iWatch’ coming to market this year.
  • Investors remained concerned about Apple’s ability to compete, as iPhone demand appears to be waning and rivals like Samsung have been taking market share.

*To view original article from click here.

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