“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)
Apple vs. Alphabet net income (2008-2015)
SEE ALSO:
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
Keep in mind GOOG’s P/E is three times that of AAPL.
Undeservedly so.
Someone in China bought two iPhones.
Enjoy your android or windows phone idiot
Well if that made the difference it doesn’t say much for Android sales I guess.
Here’s a headline over on Yahoo Finance: “Worst Stock in The World: Tesla Motors” The story is from Ed Ponsi at TheStreet.com
Hilarious!
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.
MDN is like a schoolgirl with the latest gossip. NO ONE CARES.
I guess you do or you wouldn’t have just commented
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.
I thought he was a guitar player in a rock band.
Except moron trolls like you! You came here, so you obviously care.
Google’ head of search, Amit Signal, announced he is leaving today. If the media was far, “Beleaguered Google” headlines would commence.
Google basically has the media in their back pocket. If the media doesn’t kiss their ring then their stories get buried in the search results.
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.
We need to make up a new word for laughter derived from trivial events. 😆 (o_0)
After Apple’s $653 million dollar fine I see Apple losing this title.
The first 5 words of the article were exactly my thoughts when I read the headline!
Why separate Google from Alphabet for revenue in the graph and why not combine them?
In the meantime, Apple is infinity times more valuable than Dell. Remember those updates?
——RM