Surprisingly after Almost 10 months Google has finally updated Page Rank today on 6 December 2013. Page Rank update was something all of SEO`s and Webmaster`s always waited for however since last Update which was on 4 February 2013, There were no more Updates and it was considered that Page Rank would not have any effect and it was considered dead. However recent update once again have proved many of them wrong and it seems Page Rank still matters and is something webmaster`s should worry about.
However we will see many confusions cleared in coming days and get much more to discuss about Page ranks..
A lesson for people even sometimes you should n`t believe what Matt cutts says 
