I know, I know. You’re tired of hearing about Apple Maps in iOS 6, but it’s a hot topic. Because of it, Google is being discussed in the news more and more. The fruits of that labor is now reflected in its stock price, which has surged to an all-time high of $747.90.
Does this Apple Maps thing have anything to do with it? Probably not directly, but as people look for places to put their money, it’s safe to say that Google Maps making news lately certainly doesn’t hurt the bottom line for the search giant.
Apple stock is currently down $15.93. That also has a lot to do with Apple “missing” analyst expectations on iPhone 5 sales, which I think is a load of bunk.
I’m certainly no stock expert, but it doesn’t take a rocket scientist to know that once your company and products start getting discussed a lot, people are going to take notice. Google Maps is a superior product to one that just got launched as part of the biggest campaign by Apple yet, the iPhone 5.
Will this stock price stick for Google? It’s still early on a Monday, so my guess is…yes. As these two companies continue going toe-to-toe, these kinds of fluctuations will be increasingly more interesting in the future.
[Photo credit: Flickr]
Started by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has expanded from computers to consumer electronics over the last 30 years, officially changing their name from Apple Computer, Inc. to Apple, Inc. in January 2007. Among the key offerings from Apple’s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook Air) and desktops (iMac), servers (Xserve), Apple TV, the Mac OS X and Mac OS X Server operating systems, the iPod, the...