Google Stock Price Surpasses US$1,000, Becomes Third Most Valuable Company in the World

Google-CultofAndroid
Google-CultofAndroid
Image credit: CultofAndroid

Google stock surpassed US$1,000 for the first time ever on Friday, 18 October 2013, a 13% rise, a day after the search giant announced its quarterly earnings.

Google beat Wall Street predictions by over US$100 million, with a revenue of US$14.8 billion for last quarter. A surge in mobile and video paid clicks advertising contributed to the rise in revenue.

With a market capital of over US$330 billion, Google is now the third most valuable company in the world, behind Apple and ExxonMobil.

Source: CultofAndroid

READ ALSO  Tech Tuesdays #6: Tech in movies we want to see in real-life

Tags:

  • Designer. Writer. Webhead. Tech geek. Twitter-addict. Apple. Animal lover. Steve Jobs groupie. Petrolhead. BMW. Porsche. Alfisti. Chelsea FC.

  • Show Comments (0)

You May Also Like

Apple iPhone X TrueDepth Camera

Trio make away with USD370,000 worth of iPhone X

The iPhone X is hot. Hot enough for a bunch of hooded thieves to ...

Dell Launches New PowerEdge VRTX Server, Updates Active Infrastructure Portfolio

In a closed media session today, Dell announced new solutions optimised to help customers of all ...

macOS Mojave Dark Mode

macOS Mojave is out: Here are 10 things you’ll love

macOS Mojave, the latest version of macOS is officially out as a free update ...