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Analysis: Google Is Equal To Apple In Value

The market capitalization -- i.e., the current share price times the number of shares outstanding -- both Google and Apple are currently tied at about $170 billion after Friday's market close. As Tech Crunch explains, analysts often compare market caps for public companies as an indicator of success / failure, and one surpassing the other as a sign that one is overtaking the other, regardless of whether they're actually full-fledged competitors or not.

To the investment community, the tie in market cap means the companies are exactly the same size today, as the measurement is an important indicator of the value and size of a company and thus a determining factor in stock valuation.

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