Alternative headline: Google passes Microsoft's market value as Microsoft gives gobs of cash to shareholders rather than hold onto it to inflate market value.
Still, it's a significant thing I suppose. But we tend to ignore the cash position of companies in stories like this. If Google suddenly paid out 100 billion to shareholders tomorrow then it's market value would rightly drop by about 100 billion, but that wouldn't mean Microsoft was suddenly winning again.
Still, it's a significant thing I suppose. But we tend to ignore the cash position of companies in stories like this. If Google suddenly paid out 100 billion to shareholders tomorrow then it's market value would rightly drop by about 100 billion, but that wouldn't mean Microsoft was suddenly winning again.