Currently, the market value of Apple Inc. is $534.22 billion. The market value of Alphabet Inc. (Google) is $499.67.
That’s a gap of $34.55 billion or, in other words, right around $8 billion more than the current value of Sony Corp.
Let’s pause here to let that fact really sink in.
Okay, now after being momentarily eclipsed due to the vagaries of the market, which generated a veritable avalanche of news articles, Apple quickly reassumed the throne as the world’s most valuable company.
You’d think this would be big news. Or at least equally as big. Close to as big? Somewhere in the ballpark, at least?
It’s not.
Here’s are the results Google News and Bing News searches for the following terms:
Bing:
• Apple retakes market cap lead – 272,000 results
• Alphabet takes market cap lead – 746,000 results
• Google takes market cap lead – 1,710,000 results
272,000 vs. 2,456,000. Of the total news stories Bing found involving market cap lead for Apple, Alphabet or Google, the number reporting Apple’s return to #1 account for 9.97%.
Google:
• Apple retakes market cap lead – About 1,160 results
• Alphabet takes market cap lead – About 42,400 results
• Google takes market cap lead – About 842,000 results
1,160 vs. 884,400. Of the total news stories Google found involving market cap lead for Apple, Alphabet or Google, the number reporting Apple’s return to #1 account for 0.13%.
MacDailyNews Take: Yet more proof that the media in general is biased against Apple Inc.
Here’s a better measure of how valuable each company really is:
Apple vs. Alphabet revenue (2008-2015) (in billion U.S. dollars)
Apple vs. Alphabet net income (2008-2015) Source: Wolfram Alpha
