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iPhone success make Apple more valuable than Google

de Radu Rizea     HotNews.ro
Vineri, 15 august 2008, 20:08 English | Business

The huge popularity of Steve Jobs' iPhone made the Apple stock grow 44%, rising the market value of the company to 158.8 billion dollars, more than Google, which is evaluated at 157.2 billion dollars, The Guardian informs.

Apple owes its success to its easy-to-use applications, which also enjoy a specific design. MacBook and the famous iPod still represent the first choice for many laptop buyers and music lovers.

On the other hand, Google profits decreased due to a lower online advertising business figure, caused by the US economic crisis. The number of clicks on online adds is decreasing and investors are not yet convinced if it is worth investing large amounts in the online advertising on Youtube.com.























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