Big drop in Google market cap expectations
May 8, 2009It wasn’t far back when Google was expected to hit $500B in market cap!
At the end of 2009, Microsoft would have a market value of about $405 billion and Google’s market capitalization would be roughly $370 billion. So Google would surpass Microsoft sometime in 2010. If its stock kept appreciating at a 34 percent clip annually compared to Microsoft’s 12.5 percent, Google would finish 2010 with a market value of nearly half a trillion dollars while Microsoft would have a market cap of about $456 billion.
Why does the market have to get in the way of market cap expectations?
