In a three way jockey race for share price appreciation in 2009, Amazon handily beat Google and Apple posting a return of 166% vs 148% for Apple and 102% for Google.
All three were neck and neck through mid February until Amazon started shooting past Google and Apple but that lead only lasted through May when Apple caught up.
Apple eventually overtakes Amazon in mid-July and continued to maintain the lead through the end of October. Google remained in third place.
Then Amazon reports a monstrous third quarter and shoots past Apple and maintained the lead until 12/31/2009.
Who will win 2010? My bet will be on Apple due to new product launches.
TMTAnalyst
Thursday, December 31, 2009
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