`
`Google worth more than Exxon. Apple next?
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`By Jesse Solo1mn Jess eSolom onCNN @ February 7, 2014· 3:32 FM ET
`Aacomrn<:nd @
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`Google v_s. Exxon Mobil
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`Google's stock has done much better than Exxon Mobil's in the pas t year.
`
`14
`
`517
`
`TOTAL SHARES
`
`173
`
`291
`
`33
`
`20
`
`NEW YORK (CNNMoney)
`Google passed Exxon Mobil on Friday to become the second largest company in the United States by market value.
`
`The search engine giant has a market capitalization of almost $395 billion, compared to a market value of about $392 billion for
`Exxon.
`
`Apple, worth about $465 billion, is the most valuable company in the U.S.
`
`Shares of Google ( GOOG, Fortune 500) are on a tear, having risen 52% in the past year. The tech conglomerate has continued
`to thrive even as more mature tech companies such as Microsoft, ( MSFT, Fortune 500) IBM, (
`IBM, Fortune500) Oracle
`( ORCL, Fortune 500), and Cisco ( CSCO, Fortune 500) struggle to find new growth opportunities.
`
`Related: Google search results changing in Europe
`
`But Google's stock isn't necessarily cheap, trading at more than 22 times earnings estimates for 2014.
`
`Exxon ( XOM, Fortune 500), on the other hand, trades for less than 12 times projected profits for this year. The company did
`not benefit from last year's bull r un for stocks. Shares are up a mere 2% from a year ago. The oil giant, along with many other
`energy companies, have lagged t he broader market due to relatively low oil prices.
`
`EXHIBIT 2059
`Facebook, Inc. et al.
`v.
`Software Rights Archive, LLC
`CASE IPR2013-00480
`
`
`
`So now that Google is in second place, some investors may be wondering if the company can one day pass rival Apple to become
`the most valuable company in the U.S.
`
`Apple still has a sizable lead. But Googlehas all the momentum. Shares of Apple( AAPL. Fortune 500) are down more than 7%
`this year, largely due to disappointment about the company's earnings outlook. Go ogle, on the other hand, wowed investors
`with its latest results.
`
`And many investors feel that Go ogle, which runs theAndroid mobile operating system that competes with Apple's iOS, is the
`more innovative company in tech right now. •
`
`Firsti'Ublished: Feb Nary 7, 2014: 3:30PM ET
`
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