Should you care that Google’s market capitalization just passed that of Microsoft ?
It may seem more like an exercise in mathematics more than anything else, but Jim Cramer said the milestone can not be ignored.
“First, let me say that writing off Microsoft could be a brutal and needless mistake. The company, with about a 3% yield, a terrific cash hoard and an amazing installed base, has too much going for it to ignore. “
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However, the Mad Money host doesn’t think that’s enough to generate excitement either.
“The problem with Microsoft,” he said, “is that the company suffers from something that’s just deadly when it comes to the demographic it must own if it is to break out of the p.c. ghetto. It’s not cool!”