Google's parent, Alphabet, has overtaken Apple to become the world's most valuable company
22 replies, posted
[IMG]http://1.bp.blogspot.com/-U_MfMWVnEZk/Vcmh73JI6UI/AAAAAAAAj8U/BuSEYBT_6_4/s1600/alphabet-google-company.png[/IMG]
[QUOTE][B]Alphabet- Google's parent company- has surpassed Apple as the world's most valuable company after its latest earnings report.
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The company made a profit of $4.9bn (£3.4bn) for the fourth quarter, an increase from $4.7bn a year ago.
The announcement sent its share price up as much as 9% in after-hours trading.
That means that Alphabet is now worth around $568bn, compared with Apple, which has a value of $535bn.
It is the first time that Alphabet has separated out the results of its Google business - which includes the search engine and YouTube - from its "Other Bets" business, which includes more experimental ventures such as self-driving cars and internet balloon programs.
On an annual basis, Alphabet made $16.3bn but the figures show that the "Other Bets" business lost $3.6bn during the period, while Google's operating income rose to $23.4bn, as online advertising increased.[/QUOTE]
[URL="http://www.bbc.com/news/business-35464599"]BBC[/URL]
When its 700 a share, i'd imagine so.
i like how the logo says "mad" in the top left lol
One bad company overtook another bad company.
Yay.
[QUOTE=Trebgarta;49656527]What is a good company?[/QUOTE]
Someone who doesn't freely give information about you to NSA.
For starters.
[editline]2nd February 2016[/editline]
You know I meant [I]morally bad[/I], right?
[QUOTE=Damjen;49656571]Someone who doesn't freely give information about you to NSA.
For starters.[/QUOTE]
Pretty sure they're forced to do that
[QUOTE=paul simon;49656701]Pretty sure they're forced to do that[/QUOTE]
Don't they operate outside of the US for tax reasons?
[QUOTE=Passing;49656732]Don't they operate outside of the US for tax reasons?[/QUOTE]
Not really. Their HQ is in Mountain View, CA ( Parent ) they do however do have nice little tax havens to avoid our taxing system though.
[QUOTE=Damjen;49656571]Someone who doesn't freely give information about you to NSA.
For starters.
[editline]2nd February 2016[/editline]
You know I meant [I]morally bad[/I], right?[/QUOTE]
yeah i cant exactly blame them for doing that considering the alternative is whatever the NSA decides to fuck you with. if i were in charge of that decision i absolutely would sell your data to the NSA too.
[QUOTE=Anti Christ;49656467]i like how the logo says "mad" in the top left lol[/QUOTE]
Or maybe it says "Amd... you are next". Really, Amd needs a bit of help.
Am I the only one here who wasn't aware of the fact that Google had a parent company?
[QUOTE=Dark RaveN;49657437]Am I the only one here who wasn't aware of the fact that Google had a parent company?[/QUOTE]
It didn't until August. Google formed its own parent so it could spin off things like X and Nest.
[editline]2nd February 2016[/editline]
[QUOTE=Passing;49656385]When its 700 a share, i'd imagine so.[/QUOTE]
Its much closer to 800.
Nice to see Apple knocked down a peg, maybe it'll force them to actually design something good.
It's also entirely possible that we're witnessing the downfall of the iPhone and we haven't realized it yet.
[QUOTE=thrawn2787;49657545]It didn't until August. Google formed its own parent so it could spin off things like X and Nest.
[editline]2nd February 2016[/editline]
Its much closer to 800.[/QUOTE]
imagine if people formed their own parents
G[QUOTE=Shovel Mech;49657560]Nice to see Apple knocked down a peg, maybe it'll force them to actually design something good.
It's also entirely possible that we're witnessing the downfall of the iPhone and we haven't realized it yet.[/QUOTE]
You're acting like they're on their way to the poorhouse.
[QUOTE=Shovel Mech;49657560]Nice to see Apple knocked down a peg, maybe it'll force them to actually design something good.
It's also entirely possible that we're witnessing the downfall of the iPhone and we haven't realized it yet.[/QUOTE]
Google doing well doesn't mean that apple is doing poorly
[QUOTE=plunger435;49658169]G
You're acting like they're on their way to the poorhouse.[/QUOTE]
[QUOTE]Google doing well doesn't mean that apple is doing poorly [/QUOTE]
Apple stock has been declining rapidly in the last few months as investors lose confidence in the iPhone. This is largely the reason they've been surpassed.
[QUOTE=Anti Christ;49656467]i like how the logo says "mad" in the top left lol[/QUOTE]
I'm angry that I wasted my time making this.
[img]http://i.imgur.com/yRLpsiH.jpg[/img]
[QUOTE=Humin;49658676]I'm angry that I wasted my time making this.
[img]http://i.imgur.com/yRLpsiH.jpg[/img][/QUOTE]
You should've used the K and Z that are actually there instead of stretching out the X, tbh
Mad Sekz
[QUOTE=Sam Za Nemesis;49658830]Are you blind or just being edgy[/QUOTE]
[QUOTE]Apple stock has been declining rapidly in the last few months as investors lose confidence in the iPhone. This is largely the reason they've been surpassed. [/QUOTE]
Are you blind or did you reply without reading the thread first?
[QUOTE=elowin;49658712]You should've used the K and Z that are actually there instead of stretching out the X, tbh
Mad Sekz[/QUOTE]
I actually did that at first.
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