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Google dethrones Apple as the most valuable company in the world

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posted on Feb, 1 2016 @ 05:44 PM
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Alphabet- Google's parent company- has surpassed Apple as the world's most valuable company after its latest earnings report.
The company posted net income of $4.9bn (£3.4bn) for the fourth quarter, an increase from $4.7bn a year ago.
The announcement sent its share price up as much as 9% in after-hours trading.
That means that Alphabet is now worth around $568bn, compared with Apple, which has a value of $535bn.

Google dethrones Apple as the most valuable company in the world

The king is dead. Long live the king.

Apple is no longer the world's most valuable company. Today, thanks to strong revenue growth across Google and other units, Alphabet has dethroned the maker of the iPhone and Mac.

www.bbc.com...
9to5mac.com...
www.cnbc.com...

Google parent Alphabet was set to pass Apple as the most valuable company in the world on Tuesday. At Monday's after-hours levels (which technically reflect an indication, but not the real-world value), Alphabet's market cap would roughly be $570 billion, eclipsing Apple's current market cap of about $535 billion.

The last time Google was more valuable than Apple was in February 2010, when both companies were worth less than $200 billion. At the time, Apple had yet to release its first iPad, the newest iPhone on the market was the 3GS, and the Mac was the company's biggest product line, accounting for one-third of revenue. Steve Jobs was still at the helm.


Just to let you know guys.


edit on 1-2-2016 by Necrose because: (no reason given)




posted on Feb, 1 2016 @ 05:55 PM
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a reply to: Necrose

I don't see the loyal fan base Apple once had anymore. Lots of competition and not enough innovation. Been downhill since the death of Steve Jobs



posted on Feb, 1 2016 @ 05:58 PM
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a reply to: JDmOKI

Still, they had their best Q4 results/earnings this year and a record-breaking revenue and profit.
Personally, I love Apple products and hopefully they will break the ground again in September, with their flagship product, the iPhone 7.
edit on 1-2-2016 by Necrose because: (no reason given)



posted on Feb, 1 2016 @ 06:00 PM
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You mean: Google just dodged the IRS a little bit better then Apple.
P.o. box 666 for avoiding tax.

The rest is all blablabla...



posted on Feb, 1 2016 @ 06:03 PM
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a reply to: Necrose

Blabla...

Google is a little better in avoiding tax payment this blablablablabla....quarter snd oh ...they may have a petrodollar more then the other.

Who gives a holy crap.

They're all the devil incarnated money munching evil.



posted on Feb, 1 2016 @ 06:06 PM
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a reply to: Daalder


Alphabet(Google) Q4 revenue = $21.33 billion
Apple Q1 revenue = $75.9 billion

well, investors are strange these days.



posted on Feb, 1 2016 @ 06:08 PM
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originally posted by: Daalder
a reply to: Necrose
...

They're all the devil incarnated money munching evil.


yes mate, I am merely informing ...



posted on Feb, 1 2016 @ 06:11 PM
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Valuable?

I trust them to bamboozle their own mother.

Conglomorates make me throw up.

I value them in how many times they make me sick.



posted on Feb, 1 2016 @ 06:21 PM
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a reply to: Necrose

Sorry if I hurt your feelings.

All Google does is transfer any profit via Ireland through Holland to Bermuda.

To not pay tax!

So there is no value.

Sorry to inform you...
Your information isn't accurate.
All you inform us with is the:
Bamboozled figures.
E.g.: not being the real info.

It's what they want you to think.
Not what is real.

And again: sorry if I hurt your feelings.
Just intended to break the:
Wow-look-how-very-rich-they-must-be-bubble

Because they're not rich...they're dumb bamboozeling greedy money lovers.

That's:
-dumb
-corporate
-greedy
-every harsh, name calling, insulting word you can think of.

If war breaks out?

I'm going to bomb their p.o. box # company first.

No more tax avoiding through me!



posted on Feb, 1 2016 @ 06:32 PM
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a reply to: Daalder

Easy mate, you are taking it all a bit harshly I would conclude.

I ain't said nothing. I didn't state any opinions either, I was merely INFORMING about the news that everyone will read tomorrow anyway.

BTW, you sould like the tax money would be dispersed according to the needs of the plebs (people).
C'mon mate, you know that ain't right.

And please, stop calling me names as if I have hurt your feelings bruv.



posted on Feb, 1 2016 @ 11:59 PM
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originally posted by: JDmOKI
a reply to: Necrose

I don't see the loyal fan base Apple once had anymore. Lots of competition and not enough innovation. Been downhill since the death of Steve Jobs

Their new guys must not be as good at stealing stuff from other people.



posted on Feb, 2 2016 @ 03:16 AM
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a reply to: JDmOKI

Boohoo, poor crapple.

I owned the iPhone 3g . It was the WORST phone I've ever had.

Switched to Android and google play store as soon as the contract was up and never I've never looked at another crapple product again.



posted on Feb, 4 2016 @ 01:28 PM
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Yes !!! Finally! I will never but an iphone products why ??? They are just fancy stuff for other to show off. Android i so much better.



posted on Feb, 5 2016 @ 05:28 PM
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The most depressing thing is that both these vast mega corporations pay little, or no tax in the UK.

I really don't know why Britons buy iPhones and use Google.



posted on Feb, 5 2016 @ 07:24 PM
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UPDATE: as Google's shares dip, Apple is the king again.

Apple is the most valuable company.



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