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Granted, Google's future is much brighter than RIM's at this point, but raw stock price is a pretty bad way to convey that - it contains 0 information beyond wh
by suresk 14y ago
Granted, Google's future is much brighter than RIM's at this point, but raw stock price is a pretty bad way to convey that - it contains 0 information beyond what it costs to acquire one share in the company.
- toomuchtodo 14y agoDisagree. A company's stock price directly correlates to what the market values the future earnings of the company at. Company doesn't have a future? Down to zero with you.
- suresk 14y agoRight, but you listed Google and RIM's stock price as though comparing the two prices by themselves is significant. It isn't. RIM could have substantially more shares outstanding than Google. Comparing their market caps? A little better. Comparing how their prices have changed over time? Probably a lot better. Comparing the two prices by themselves? Useless.
- toomuchtodo 14y agoMarket caps: RIM: 6.79B Google: 263.63B Chart comparing their stock prices: https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1361590123407&chddm=832048&chls=IntervalBasedLine&cmpto=NASDAQ:BBRY&cmptdms=0&q=NASDAQ:GOOG&ntsp=0&ei=GzcoUdD0CIG6qgGgbg https://www.google.com/finance?chdnp=1&chdd=1&chds=1... I believe the data I've added reinforces my original argument.
- OGinparadise 14y agoWhat is your original argument? Microsoft is also worth over $200 Billion but that doesn't mean Windows Phone is doing good. Or in other words, Google makes their money by selling ads, largely on desktops. Raw stock prices or market caps mean nothing.