GOOGLE BLASTS PAST $900

yasmin dolatadadi google glassGoogle Glass getting people excited.

Google soared past $900 this morning giving it a new all-time high.

Its market cap is almost $300 billion, and as Sammy The Walrus IV notes on Twitter, it’s only $112 billion away from Apple.

The stock has been on a serious tear for the past twelve months.

We haven’t seen any big explainers about what’s going on.

The no-brainer analysis says that Google is a position of power with very few threats right now. Here’s a few bullets off the top of our head for the Google bull case:

  • Facebook was supposed to be a threat, but it’s looking like it’s a tiny business.
  • Microsoft hasn’t done a thing to slow Google.
  • Apple’s iPhone is nice, but Google’s Android controls the smartphone market.
  • Google owns YouTube, the biggest web video site in the world.
  • Google’s Maps are the best mapping software, and a key to the future of mobile.
  • Its ad business is still chugging along while these other businesses slowly develop.
  • Google has its finger on the future with self-driving cars, and Google Glass.
  • Its CEO Larry Page isn’t some wild and crazy guy who is going to waste money. He’s actually quite smart and disciplined.

Google’s big developer conference, I/O, is today. We’ll have live coverage of everything it announces.

GOOG

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