Apple Overtakes Google As King Of Silicon Valley "Thanks to the sleek new iPhone, Apple has now unseated Google as the most valuable company in Silicon Valley—America's cradle of technological innovation.

Since the iPhone's launch a year ago, people are lining up outside Apple stores everywhere to get their hands on the prized device.

The popularity of the phone has fuelled a 44% surge in Apple's share price on Wall Street in past 12 months. By the close of trading on Wednesday, Apple's market value had edged up to $158.8bn - a shade ahead of Google's $157.2bn." Via RedOrbit .

Labels: apple, google

  ¶ posted by Jimmie Geddes, Editor @ 8/16/2008 05:34:00 AM