Apple 2.0

Covering the business that Steve Jobs built

Wall Street's take on Motorola: Apple up, Google down

August 18, 2011: 7:57 AM ET

The market has had 3 days to chew over the Googorola news. It's not sitting well.

After thousands of news reportsanalysts notesblogs and tweets, the chart at right may tell you all you need to know about Google's (GOOG) plan to fight/emulate Apple (AAPL) by buying Motorola Mobility's (MMI) brand, patents and device manufacturing business for $12.5 billion.

In the three days of trading since the news broke, Google has dropped more than $30 a share, shaving nearly $10 billion off its market cap.

Apple, meanwhile, has been tracking the market and by Wednesday's close was up $3.45 (0.9%) for the week.

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for

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