Home News Industry Android powers Google past Microsoft to become worlds second most valuable company
Android powers Google past Microsoft to become worlds second most valuable company
News - Industry
Tuesday, 02 October 2012 11:18

GoogleChampage corks were popping in Mountain View on Oct 1st as Google passed Microsoft to become the worlds second most valuable company - largely due to Android. Googles' stock rose 1 per cent finishing in New York with a share worth of $761.78 (£471.34) translating into a total market capitalisation value of nearly $250 billion (around £155bn). On the same day, Microsoft fell 1 per cent, closing out business at $29.49 (£18.25) with a lesser valuation of $247.2 billion (£152.9bn). It hasn't been reported what happened to the stock of any office furniture repair businesses in Redmond.

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