• Alphabet (Google) surpasses Apple as world's most valuable company

    by
    Caiden Spencer
    Published on 2016-02-02 05:46 AM
    2 Comments Comments
    Apple is losing ground after sitting as the world's most valuable company for more than three years. The iPhone maker reached the position in 2011 and throughout most of 2012.

    This year, Alphabet (Google) is beating the Wall Street expectations for the fourth quarter of 2015, Google umbrella company Alphabet has beaten Apple as the most valuable company in the world on Monday in after hours trading.


    As you can see, Alphabet raked in $21.3 billion in the fourth quarter in total sales and adjusted profits of $8.67 for every Class A share, the company said in a prepared statement.

    Total sales were up 18 year over year, while advertising revenue was up 17 percent for the same period.
    Despite Apple profiting $75.9 billion in a record breaking quarter, Apple stock is decreasing in value as iPads are decreasing as well as the Mac. Apple expects a year-after-year decrease in iPhone sales.

    Original Source
    Attached Files Attached Files
    This article was originally published in forum thread: Alphabet (Google) surpasses Apple as world's most valuable company started by caidens View original post
    Comments 2 Comments
    1. SpiderManAPV's Avatar
      SpiderManAPV - 2016-02-02, 07:24 AM
      Using the google stock tracker over the Apple one?!? You only perpetuate the problem! /s
    1. Caiden Spencer's Avatar
      Caiden Spencer - 2016-02-02, 07:31 AM
      Quote Originally Posted by SpiderManAPV View Post
      Using the google stock tracker over the Apple one?!? You only perpetuate the problem! /s

      I love it.

  • Connect With Us

  • Discord

    Join our Discord

  • Twitter Box

  • Facebook