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)

Apple vs. Alphabet net income (2008-2015)

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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