Ondrej Holzman Apple has officially lost the title of the most valuable company in the world. Alphabet, which includes Google, overtook him after the stock market opened on Tuesday. The iPhone maker is losing its lead after more than two years.
Google, which since last year belongs to the Alphabet holding company, which combines all activities originally under the Google banner, is ahead of Apple for the first time since February 2010 (when both companies were worth less than $200 billion). Apple has held the top spot continuously since 2013, when it surpassed Exxon Mobile in terms of value.
Alphabet reported very strong financial results for the last quarter on Monday, which was reflected in the rise of its shares. Its total sales grew by 18 percent year-on-year, and advertising did the most, with revenues from it growing by 17 percent over the same period.
Technically, Alphabet got ahead of Apple already on Monday night after the close of trading on the stock exchange, however, it was not until the reopening of the market on Tuesday that it was confirmed that Apple is indeed no longer the most valuable company in the world. Currently, the market value of Alphabet ($GOOGL) is around $550 billion, Apple ($AAPL) is worth about $530 billion.
While Google and, for example, its Gmail, which recorded one billion active users in the last quarter, are doing well, Alphabet has lost over $3,5 billion on experimental projects such as autonomous vehicles, flying balloons with Wi-Fi or research on extending human life. However, it was precisely because of these projects that the holding company was founded in order to separate Google and make the results more transparent.
However, the key for investors was that Alphabet's total revenue of $21,32 billion beat expectations, and Apple was not helped by its recent financial results, which, while they were a record, are expected to decline in the coming quarters, for example iPhone sales.
Apple has the same turnover and profit per quarter as Alphabet per year, but it is the most valuable company in the world.
Sad.
That's why people go to school to understand these differences and not be stupidly surprised
Was that a reaction to me?
if you went to school, hang it and you don't have to ask so stupidly :}
Again, someone is as smart as...
Just for info, I have VSE and WU with a specialization in corporate finance.
Then you're good at it. I'm not even surprised that every third demented person in Slovakia has an Ing. etc. Then it looks like that here.
I don't even know what to reply to such an intelligent post.
Sad.
If I were you, I wouldn't be too proud of this, anyway there are several explanations for that
a] you didn't study much
b] don't speak Czech
c] the schools you name are not of high quality
probably only you yourself have the answer :] but I think I wouldn't blame it on Cecko, he just uses common sense...
Instead of writing nonsense, educate me.
For example, Apple has a P/E of 10, alphabet 30.
Which already says a few things.
Alphabet sales: 21 billion
Apple: 76 billion
Alphabet net profit: 5 billion
Apple: 18 billion
The numbers are for the last quarter.
So exactly what I wrote.
Apple generates the same revenue and profit in one quarter as Alphabet does in an entire year.
d) I don't know what I'm talking about
What is this nonsense?
The most valuable brands in the world
Apple (1st last year): $145,92 billion
Google (3rd last year): $94,18 billion
Samsung (2nd last year): $83,19 billion
Amazon.com (8th last year): $69,64 billion
Microsoft (4th last year): $67,26 billion
Verizon (5th last year): $63,12 billion
AT&T (last year (6): $59,90 billion
Walmart (7th last year): $53,66 billion
China Mobile (11th last year): US$49,81 billion
Wells Fargo (15th last year): $44,17 billion
Data as of 1.2.2016
But the source is only financial websites and ČTK instead of Cult of Android.
I don't know what the poet meant by that, yes, apple has good marketing and its brand is probably worth that much
the article is not about the value of the brand, but about the value of the entire company
the current one is google (alphabet) 517 billion and apple 534 billion, so fanboys who can't lose their primacy can take a last breath, but the trend is obvious
Just look at the current state of the stock market. It's now official that GOOGL has surpassed AAPL. We have updated the article with this in mind.
Well, Apple is the first again ;) It didn't take long.