DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
December 15, 2017 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 79 people online.

 

Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
 

Follow us
RSS
 

Alphabet beats Apple and is now the most valuable company in the world

Posted on Tuesday, February 02 2016 @ 15:26:01 CET by


Google logo
Alphabet, the parent company of Google, announced its earnings yesterday evening and beat all expectations. Alphabet's Q4 2015 revenue increased 18 percent year-over-year to $21.33 billion and non-GAAP income came in at a massive $6.04 billion. Earnings per share came in at $8.67 per share, 28.3 percent higher than the year before, and significanty higher than analyst estimates of $8.09 per share.

The excellent results pushed Alphabet's stock price to a new all-time record in after-hours trading, giving it a valuation of roughly $570 billion and removing Apple from being world's most valuable publicly traded company. As CNBC points out, the last time Google was more valuable than Apple was in February 2010, when both companies were worth less than $200 billion.
Apple and Google actually flip-flopped multiple times between 2008 and early 2010, before Apple went on a historic tear, jumping from $180 billion in value to over $650 billion in September 2012. At that point, the two companies were separated by over $400 billion. In 2011, Apple passed Exxon to become the world's most valuable company.




 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2017 DM Media Group bvba