“With both [Apple and Google] stocks over $700 a share and the companies on a collision course Breakout asked Ironfire Capital founder Eric Jackson which company will emerge as the victor in the looming war for your consuming and investing dollars,” Jeff Macke reports for Yahoo Finance’s Breakout. “‘Apple’s already won to this point, hands down,’ says Jackson in the attached video. Stock price, cash hoard, mind share; whatever metric an investor wants to use Jackson says Apple holds a dominant lead. Ironically it was Google itself that helped give Apple the edge.”

“To be more than the Washington Generals to Apple’s Globetrotters, Google will need to expand from one great business into a great corporation; not at all unlike what Apple did in the late ’90s when it stopped being just a Mac company,” Macke reports. “Until Google can create an alternative app universe for Android users or crack the code on monetizing mobile search they’re going to be living off an aging monopoly. It’s not the end of the world, but becoming a search version of Microsoft (MSFT) isn’t going to inspire shareholders.”

Macke reports, “If you’re looking to buy either one today Jackson says the choice is easy. ‘By 2015, I see Apple going to $1,650.’ he says. ‘This train is just getting out of the station.’ It’s a projection that makes Jackson’s Google price target of $880 in 6 to 12 months seem barely worth your while.”

Full article, with video, here.