Disagree. A company's stock price directly correlates to what the market values the future earnings of the company at.
Company doesn't have a future? Down to zero with you.
back
1 comments
Right, but you listed Google and RIM's stock price as though comparing the two prices by themselves is significant. It isn't. RIM could have substantially more shares outstanding than Google.
Comparing their market caps? A little better. Comparing how their prices have changed over time? Probably a lot better. Comparing the two prices by themselves? Useless.
Market caps:
RIM: 6.79B Google: 263.63B
Chart comparing their stock prices: https://www.google.com/finance?chdnp=1&chdd=1&chds=1...
I believe the data I've added reinforces my original argument.
What is your original argument? Microsoft is also worth over $200 Billion but that doesn't mean Windows Phone is doing good. Or in other words, Google makes their money by selling ads, largely on desktops. Raw stock prices or market caps mean nothing.