CNN: Investors click out of Apple into Google

[chopper]

http://edition.cnn.com/2013/03/04/busine...index.html

published March 5.

Apple's stock plumbed new depths on Monday just as Google hit an all-time high, reflecting Wall Street's struggle to come to terms with the rapid shifts in the smartphone market.

The investor rethink about the prospects of the two tech companies has led to a striking readjustment in valuation, with Google climbing from barely a third of Apple's worth six months ago to more than two-thirds yesterday, or $267bn.

[Paul F.]

Figures...
I went just the opposite direction last year... Sold my two shares of Google to buy a share of Apple and add to some other stock.

Been thinking about buying back in to Google... but don't have the cash at the moment.

Still holding Apple... and still above a 300% average return on it (I only bought 2 shares above $500, the rest as low as $85 and into the $200's).

[ztirffritz]

My shares are all above 350% return, and I'm still holding. The dividend makes it a much more appealing stock in my opinion.

[Buzz]

Apple PE < 10
Google PE > 25

One has way more cash and earnings than the other...

Some things make no sense..


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[Article Accelerator]

They're not "investors," chopper. They're speculators or traders.