Google passes Microsoft, becomes the world’s second most valuable tech company

On October 1, Google’s market cap surpassed Microsoft for the first time in company history. That means Google is now the second most valuable tech company in the world, behind only the behemoth that is Apple.   What exactly is Google’s market cap? It’s $249 billion compared to Microsoft’s $248 billion. This is good news for Android users, as it shows that Google – and its investors – remain committed to Google’s idea of an open mobile OS and increased innovation in the world of mobile technology. Google’s stock has been surging all year after continuously impressive Android activation numbers. Android has been the world’s most popular mobile operating system for quite some time now, and new android devices are popping up every day. While Google doesn’t make money from giving Android to hardware companies (the mobile OS is free), it does make plenty of cash from the Google Play store. With new Android phones being activated every second, Google gains another potential source of revenue every second. And of course, Androids often come loaded with Google-owned apps, including YouTube, Google Drive, and other apps that can generate income. Want to get in on Google’s stock market action? It’s currently sitting around $760 per share, although that number is growing on a daily basis. Oh, and if you’re wondering how far Google has to go to catch Apple, it’s a long ways. Apple is currently worth $632 billion – well over twice the value of Google.