Google’s market cap passed Microsoft’s for the first time in the companies histories this morning, Bloomberg News tweeted.At the start of the year Google was $19 billion behind Microsoft in market cap. Thanks to a recent rally, Google has narrowed the gap, and this morning it closed that gap entirely.
For what it’s worth, according to Yahoo Finance, Microsoft still has ~$3 billion lead over Google. That lead could easily disappear again if Google surges and Microsoft sinks or stays still.
Just two years ago Microsoft was the most valuable tech company in the world. It is now behind Apple and will pretty soon fall permanently behind Google.
Steve Ballmer needs Windows 8 and the Surface tablet to be big hits if he doesn’t want to fall even further behind.