Apple again the world’s most valuable company

“That didn’t take long,” Ari Levy reports for CNBC. “One day after Google parent Alphabet passed Apple to become the world’s most valuable public company, Apple regained the crown Wednesday.”

“With Apple mostly flat and Alphabet down 3 percent, Apple’s market capitalization hit $524 billion versus $520 billion for the search giant as of late morning,” Levy reports. “The last time Google was more valuable than Apple was in February 2010, when both companies were worth less than $200 billion.”

Read more in the full article here.

MacDailyNews Take: Neck and neck, in market cap, at least. Not much else:

Apple vs. Alphabet revenue (2008-2015) (in billion U.S. dollars)
Revenue comparison of Apple and Google from 2008 to 2015 (in billion U.S. dollars)

Apple vs. Alphabet net income (2008-2015)

Apple vs. Alphabet net income (2008-2015)
Source: Wolfram Alpha

Go figure: Google’s ‘more valuable’ than Apple, but Apple’s iPhone takes 94% of smartphone industry’s profits – February 2, 2016
Apple’s iPhone can soon reap 100 percent of world’s smartphone profits – November 17, 2015
Apple’s iPhone owns 94% of smartphone industry’s profits – November 16, 2015
Open letter to Tim Cook: Apple needs to do better – January 5, 2015


    1. Um, I’m struggling to find a flaw in the article’s logic concerning Tesla’s sky high PE ratio. From that point of view it ain’t a good stock to be buying right now. Then again, neither is Amazon’s stock. Don’t get me wrong. I like Tesla and I really hope they knock the socks off the auto industry. But I won’t be buying their stock any time soon.

      1. Apparently been crying like a schoolgirl about it all afternoon because nobody ever listens to him. And really it’s because he’s a fat, bald middle-aged man wearing a schoolgirls outfit.

  1. I thought it was rather quiet today over in Alphabet’s headquarters. They thought they had K.O.ed Apple but Apple was merely dazed and got up again.

    I love the news media when it comes to Apple. A hundred articles to tell Apple was losing the crown. A couple of articles to tell Apple got it back. Apple critics must have been very sad today hearing Apple didn’t go down for the full count.

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