If Apple and Google merge, the combined company will amass estimated revenue of $66.1 billion in 2009, thereby eclipsing Microsoft, whose estimated annual revenue in 2009 will be $62.4 billion. It will be a merger unlike any other in the history of mergers, and will create a powerhouse that might just topple the mighty Microsoft (NASDAQ: MSFT) from the throne. Google CEO Eric Schmidt loves Apple to say the least, and signaled that Google Inc. (NASDAQ: GOOG) is working more closely with Apple Inc. (NASDAQ: AAPL) at the Morgan Stanley Technology Conference this week. Schmidt joined the board of directors of Apple last year.
Apple, Google and Microsoft are three of the top 20 Innovators of The Innovation Index.
When Schmidt was asked by an investor on whether Google might be developing “Google phone” to compete with Apple's highly anticipated iPhone, Schmidt responded:"I don't want to comment on rumors, I will tell you that Google and Apple are doing more and more things together through the normal course of communications ... We have similar goals and similar competitors."Google and Apple are already working closely together; when Steve Jobs, CEO of Apple, announced the iPhone in January, it came packaged with Google Maps. (Apple Rising)
Apple and Google, or should we say AppGoogle, or GoogApple, will be a force to reckon with.
Rest of the story at:
The Apple Google Juggernaut - $66 billion - overtaking Microsoft?
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