Will Google Inc (GOOG) Hit $1,000 Before Apple Inc. (AAPL) Gets To $500?

Apple Inc. (NASDAQ:AAPL)’s biggest threat is Google Inc (NASDAQ:GOOG)’s Android, but Google’s biggest threat isn’t really Apple.

There’s nobody really invading Google’s turf, forcing it into leaner markups. The closest thing that Google has to a potential disruptor would be Facebook (NASDAQ:FB) , but that’s only if the leading social networking website’s billion active users begin leaning on Facebook instead of Google for its searches and online services. For now, that doesn’t seem likely.

Facebook did introduce the potentially game-changing Graph Search earlier this year — encouraging users to seek answers from trusted friends or friends of friends instead of traditional search — but Google Inc (NASDAQ:GOOG)’s latest quarterly report shows that it’s not really eating into its business.

Google’s gains have been well earned.

I’m still giving Apple the nod
Apple’s a mess. Google’s on fire. However, with Apple at 10 times next year’s earnings — and Google at 16 times next year’s target — it’s hard not to favor Apple Inc. (NASDAQ:AAPL)’s chances of near-term appreciation.

Google Inc (NASDAQ:GOOG) stock may need a blowout quarterly report or two to get over $1,000, but all Apple needs is big announcement to get back up over $500. Apple may be out of favor now, but it’s always a rollout away from a positive catalyst.

Agree with me? Disagree with me? Argue your case in the comment box below.

The article Will Google Stock Hit $1,000 Before Apple Takes Back $500? originally appeared on Fool.com.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Apple, Facebook, and Google. The Motley Fool owns shares of Apple Inc. (NASDAQ:AAPL), Facebook, and Google Inc (NASDAQ:GOOG).

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