Apple Isn't Most Valuable IT Company Anymore

Google shares inched up. Last week, The Wall Street Journal reported last week that the company has managed to "beat" Apple as the most valuable technology company in the world, not in terms of total market capitalization value, but the value of the company minus the amount of cash (cash) owned by two business giants information technology (IT) that.

Apple's market capitalization in the range of 378 billion U.S. dollars, bigger than Google which is pegged at the rate of about 286 billion U.S. dollars.

However, when the value of the market capitalization of the two companies is reduced by the net amount of each cash (U.S. dollars 145 billion for Apple and $ 45 billion for Google), it appears that Google has a value larger company than Apple, that is 241 billion dollars versus 233 billion U.S. dollars.

The figure reflects the fundamental value of the business activities of the two companies. Rolfe Winkler of The Wall Street Journal likens it to purchase a house worth, say, Rp 500 million. When the buyer finds the money of Rp 200 million hidden inside, the house could be worth USD 300 million.

Apple also recently handed the title "the biggest company in the world" to Exxon Mobil. However, the rising value of Google as a company and demonstrate the success of Apple's major rivals in the field of technology.