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June 26, 2013 04:21 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/X4QXeFDkHXU/
Google May Be More Valuable Than Apple — By One Measure at Least
For the past year or so, the financial press has been watching as Apple has and then its status as the world's most valuable company.
In that case the measure is market capitalization and Apple's main rival is ExxonMobil. However, if you look at another stat — enterprise value — Apple has just been eclipsed by Google
What is enterprise value? Essentially, it's the value of a company's business. If you strip away Apple's $145 billion in cash and Google's $45 billion then Google now has an enterprise value of $241 billion vs. $233 billion, according to The Wall Street Journal, which notes that Google surpassed Apple in EV last week
More about Google, Apple, andOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/X4QXeFDkHXU/
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