First Google, now Microsoft. This country's two power house companies are being challenged, finally.
Google:
According to Hitwise, during the week of March 8th Google was bested by a company that originally no one saw coming. Born from a night full of hacking and coding just a few years ago, Facebook posted a slim lead over Google in terms of visits to the site. This move marks the first time that a social networking site has bested the search engine giant. And it reveals that whether you like it or not social networking sites and applications are here to stay. Facebook's superiority was short lived as Google regained it's normal spot as the world's most visited site. But, if you truly think about it, that was the day when Facebook changed the world. That was the day that the culmination of being featured on smart phones, t.v. screens, video game consoles, and many music sites came to fruition. Consider the fact that when this company goes public, will you be ready? Investors generally get caught up in the semantics of established companies, in the process they miss out on the high-reward of a newly public, but established company. I think that history will be the same here so don't miss out on a chance to be apart of it. If Facebook goes public, be ready.
Microsoft:
Microsoft even as a software company has been pegged as the leader in it's market. However, it's reluctance to delve into the physical/hardware until recently (this year they are debuting Kin 1 and Kin 2 smart phones), has maybe hindered the chance it has to stay in the lead. On the heels of Microsoft is Apple. Apple is a company for the young crowd, and even though many business still stick with Microsoft operating systems, Apple's market capitalization is only $46 billion away from vying for the pole position in technology. Apple may very well complete the slaying of Goliath in the next year or so depending on the success of it's new iPhone OS 4.0 and the ubiquitous iPad.
Diversifying your portfolio is important in building and maintaining wealth, I would recommend that Apple and Facebook (if it goes public) are in the line up. I can't guarantee it...but these companies are on their way to being relevant for a very long time. Only time will tell if they stay on that path.
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