[rottencupcakes]

> Wall Street made a mistake with Google, since now their shares now are worth 5 times as much as they were at the opening.

August 2004:

AAPL $16

Google $85/share (thought it was $100/share, huh)

Now:

AAPL $447

Google $576/share

447/16 ~= 27.94

85*27.94 ~= 2374.90

So no, Google's shares are not worth 5 times more. Their value went down a massive amount in six years.

[rplnt]

Now, this is stupid.

[brown9-2]

The point is that comparing Google's price in 2004 and 2012 to the price of gold is just as arbitrary as comparing it to the price of AAPL.