Of course they're connected. Through the expected future growth in profits. That's why Google's PE ratio is ~30, while Apple's is ~13. (Price = EPS*PE)Rightly or wrongly, the market expects much faster profit growth out of Google. It also expects that Apple's profits won't grow as fast as even that of the average company in the market, let alone Google.Apple just has to prove them wrong. And they will, for those who wait.