For the first time, Google has eclipsed Microsoft to become the second largest technology company in the world. Google’s market value is fluctuating near $248.6 billion, millions of dollars larger than Microsoft.
The new rank comes two years after investors drove Apple’s value past Microsoft for the first time since 1989. Microsoft’s growth has stagnated since the 1999 US antitrust judgement against it.
For Google, however, the climb to the top spot among tech companies would be a steeper one. Apple’s market value is over $100 billion greater than the combined value of Microsoft and Google.