Page 1
Page 1
Started By
Message

Google Surpasses Apple as World's Most Valuable Company

Posted on 2/1/16 at 4:43 pm
Posted by euphemus
Member since Mar 2014
536 posts
Posted on 2/1/16 at 4:43 pm
quote:

Google's parent company, Alphabet, is encroaching on Apple's status as the most valuable company in the world, reports CNN. While Apple is currently on top, a surge in Alphabet shares today gave it a market valuation of $533.4 billion, briefly surpassing Apple's valuation of $532.7 billion on a 1 percent stock drop.

Alphabet shares dropped shortly after, leaving Apple at a higher valuation, but the numbers could shift again tomorrow following Alphabet's first financial earnings report this afternoon. Alphabet is expected to announce overall revenue growth of close to 15 percent with a 20 percent increase in earnings per share.

quote:


Update: Alphabet is up another 8 percent in after hours trading following a strong earnings report, meaning Alphabet will almost certainly open trading tomorrow at a higher valuation than Apple.

LINK
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119238 posts
Posted on 2/1/16 at 7:14 pm to
They make better technology too.
Posted by DrSteveBrule
Baton Rouge
Member since Sep 2009
12010 posts
Posted on 2/2/16 at 7:01 am to
Apple is good at repackaging and renaming things. That's about it.
Posted by BhamDore
Nashville
Member since Aug 2009
6289 posts
Posted on 2/2/16 at 9:28 am to
Apple is much too reliant on one product. The day of the iPad is over, tablets in general are a non essential commodity. The deal between Apple and IBM has yet to pay dividend in the enterprise sector.

The iPhone is decent product,but has lost its cool factor. The thing that made it cool was its exclusivity. Initially it was AT&T only in the U.S. and then Verizon and Sprint after 4 years later. Then T-Mobile in 2012 or 2013. Now you can get iPhones on Cricket, Boost, straight talk etc.

They are on contract at Walmart for $1.00. Now anyone can have one and most grandparents have one. It's like Facebook, it was cool when you needed a college email, but now that old people and poor people have access its no longer cool.
Posted by L S Usetheforce
Member since Jun 2004
22783 posts
Posted on 2/2/16 at 11:21 am to
quote:

Apple is much too reliant on one product. The day of the iPad is over, tablets in general are a non essential commodity. The deal between Apple and IBM has yet to pay dividend in the enterprise sector.

The iPhone is decent product,but has lost its cool factor. The thing that made it cool was its exclusivity. Initially it was AT&T only in the U.S. and then Verizon and Sprint after 4 years later. Then T-Mobile in 2012 or 2013. Now you can get iPhones on Cricket, Boost, straight talk etc.

They are on contract at Walmart for $1.00. Now anyone can have one and most grandparents have one. It's like Facebook, it was cool when you needed a college email, but now that old people and poor people have access its no longer cool.



You started off great relating apple's problems to one product.........however coolness has nothing to do with it's decline.

More so, it's product has flooded the market and it's new versions aren't worth the upgrade currently.
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7222 posts
Posted on 2/4/16 at 1:39 pm to
Anyone know why Google has dropped so much since the earnings call? Initially they had went up a good bit.
Posted by Jag_Warrior
Virginia
Member since May 2015
4112 posts
Posted on 2/4/16 at 6:05 pm to
I would say that is a characterization of the current CEO, not so much of the company itself. We all know that Apple has been capable of launching innovative products, that were well polished and ready for prime time (unlike most of its competitors). But what I see now is that Google is being assigned a 30+ P/E, while Apple is assigned a 10+. And that's because Google is seen as a growth stock, whereas Apple is now seen as a value stock. All smartphone producers are facing challenges right now. And it's not as if Apple is massively losing share, or losing its smartphone profitability lead to Google, Microsoft, Samsung or HTC. And Apple was the only PC maker to show growth last year, I believe. But they have too many eggs in the iPhone basket, IMO.

I've been a consumer of Apple products since the 80's. I've been a shareholder since the early 2000's. So I'm a fan of the company, but I don't get married to a stock... any stock. And where Apple once had a warrior like CEO, who would challenge people to "think different", now the CEO is more of a (talented) bean counter. Think different would be buying a studio/content producer if you can't make a straight deal for content. That would be a game changer for the AppleTV and Apple itself. And they have the cash to do that. But Cook doesn't have the cajones to "think different." Other than making some mamby pamby deals with the sad likes of Ginni Rometty, launching a watch that needs a phone to do a lot and turning the sagging iPad into a jumbo product, Cook hasn't done much (on his own) on the product front. He is indeed a repackager, not an innovator.

Course, this car idea might be his chance to "think different." But I know more about the automotive industry than Tim Cook. So before he burns through billions trying to launch a self driving, electric (overpriced) car, that only comes in space grey, I'll have already sold my last share.
Posted by Lawyers_Guns_Money
Member since Apr 2015
393 posts
Posted on 2/5/16 at 9:19 am to
Glad to see Google's "dominance" allowed them to hold the position of world's most valuable company for a solid 24 hours.
Posted by Jag_Warrior
Virginia
Member since May 2015
4112 posts
Posted on 2/5/16 at 12:44 pm to
This is an interesting board. And I still enjoy the banter here. But I have to say, this passive aggressive up vote/down vote thingy, where people do that, but can't won't debate, is rather silly (IMO).
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram