Google (NASDAQ:GOOGL) owns all things Internet, and after falling from $750 a share down to $650, I couldn't resist and happily snapped up some for myself. Even after rebounding a bit, Google still only trades for 21 times earnings, which is a pretty conservative multiple for a $200 billion company that managed to grow revenue at a compound annual growth rate of 20% over the last three years. 

Not only has Google controlled much of the online experience up until now, but I believe they'll continue to do so for some time as its Android operating system continues to grow like gangbusters. The ideal price -- free -- for manufacturers has quickly catapulted Android to the No.1 spot in the smartphone market share wars, and that sort of position isn't eroded easily. 

All in all, Google seems to be a buy at these prices, but the war with Apple (NASDAQ:AAPL) is heating up, and Apple's $100-billion-plus war chest isn't something to be trifled with.

If you're like most investors, you're probably wondering whether Apple remains a buy at these prices. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple, and what opportunities are left for the company (and your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.

Austin Smith owns shares of Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft. Motley Fool newsletter services recommend Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.