Showing posts with label aapl stock. Show all posts
Showing posts with label aapl stock. Show all posts

Sunday, January 16, 2011

Google Vs Apple. Is Android Killing Apple? A Brief Look at Android's Effect on Apple's Growth since 2007

It seems that there is hardly anywhere on the net that I go where the argument that Android is killing Apple is put forward. I've even read that Apple will soon be heading towards insolvency like what happened two decades ago during the Mac PC Skirmish I. The belief is that Google (the new Microsoft) is raking in all the money and Apple is suffering diminishing returns.

Fact is in 2007 when Android was announced with great fanfare and plenty of prognostications of imminent Apple demise, Google was a larger company by market capitalization than Apple. Apple blew past Google in 2009. Now after 3 years or so of Android 'success' Apple is now larger than Google by a $100 billion ( $318 b vs 197 b ).

see chart:

Goog vs Aapl Growth since Android