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Alphabet Becomes the Most Valuable Public Company in the World

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Re: Alphabet Becomes the Most Valuable Public Company in the World

#141
post #139

According to Google Finance, it appears that Alphabet has a market capitalization of $517B, which is far different than the $558B quoted in the article. This does not appear to be a temporary fluctuation. https://www.google.com/finance?q=NASDAQ%3AGOOGL Am I missing something? Based on the current market cap numbers on Google Finance, Apple is still higher than Alphabet.

That might not include after-hours trading prices. Not sure about that though.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#142
post #139

According to Google Finance, it appears that Alphabet has a market capitalization of $517B, which is far different than the $558B quoted in the article. This does not appear to be a temporary fluctuation. https://www.google.com/finance?q=NASDAQ%3AGOOGL Am I missing something? Based on the current market cap numbers on Google Finance, Apple is still higher than Alphabet.

This is based on after-hours trading, where Alphabet is up 9%+ after an earnings beat. The marketcap that you see in Google Finance is calculated based on the price at the end of the trading day, not after-hours trading.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#143
post #108

Earlier quoted context omitted.

Which pretty much shows that the market value of a company is not based on what they sell today, but on the expectation of what they will sell tomorrow. Does Apple do research in biotech (Alphabet's Calico)? Are they developing drones delivering wireless internet to the world (Google's Skybender)? Do they have an investment arm (Google Ventures)? Did they start an ISP (Google Fiber)? People see Alphabet's increasing…

It's interesting that the market is valuing Apple's ability to innovate in the absence of Steve Jobs at ~zero. Apple trades like a value stock right now; Wall Street assumes that they're a cash cow that is just going to be milked, and unlikely to have any future major hits. If you (correctly) disagree with this assessment, there may be money to be made here. If you agree with it, well, I understand why Apple wouldn't…

I agree with you, but I think it's a bit bold to call "correct" or "incorrect" about future events.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#144
post #139

According to Google Finance, it appears that Alphabet has a market capitalization of $517B, which is far different than the $558B quoted in the article. This does not appear to be a temporary fluctuation. https://www.google.com/finance?q=NASDAQ%3AGOOGL Am I missing something? Based on the current market cap numbers on Google Finance, Apple is still higher than Alphabet.

Need to combine Google/Alphabet share classes.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#145
It's interesting to that it took this long, just considering the utility of each company. If Apple disappeared tomorrow I'd be moderately inconvenienced, I'd have to pick up an Android handset instead of my iPhone and maybe set up some new podcast feeds. If Google disappeared the world would screech to a halt.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#146
post #116

Earlier quoted context omitted.

> They are getting better, every single year, over more than a decade, in a way that click growth outpaces traffic growth. That they're getting better at it is why click growth outpaces traffic growth. If they stayed the same at it then click growth would equal traffic growth. > It seems unlikely it's just targeting, without spilling over into something that's bad for consumers. It could be one or the other or both.…

>> Care to present any evidence They certainly do things today that they did not do 5 years ago. Like specific query results where everything above the fold on desktop is an ad. I personally do not think that's good for consumers. I suspect, though, that you disagree. On your other point, they are getting better every year as measured by a YoY comparison...not just plain growth. Double-digit percentage YoY improvemen…

>Like specific query results where everything above the fold on desktop is an ad.

Do you have an non-anecdotal evidence to present? A few advertisement laden queries and a "funny feeling" is rarely a sound investment strategy.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#147
You're all talking about Google being more valuable as if Apple did not lose a ton of value since Jan 1 in the scares. Majority of the loss has been in generalized fear. Google hasn't really done anything to grow past them. They just stayed where they were and Apple fell below them. Lets please keep this in mind when we throw around ideas like one is better than the other as a result of this.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#148

Earlier quoted context omitted.

It's interesting that the market is valuing Apple's ability to innovate in the absence of Steve Jobs at ~zero. Apple trades like a value stock right now; Wall Street assumes that they're a cash cow that is just going to be milked, and unlikely to have any future major hits. If you (correctly) disagree with this assessment, there may be money to be made here. If you agree with it, well, I understand why Apple wouldn't…

I agree with you, but I think it's a bit bold to call "correct" or "incorrect" about future events.

The parenthetical is just there to make it clear that this only works out in your favor if events prove you correct in disagreeing with Wall Street.

Re: Alphabet Becomes the Most Valuable Public Company in the World

#149

People were losing their minds over the fact that iPhone shipments slightly declined. If you look at the year over year growth (excluding the massive bump for iPhone 6), it would show that AAPL is still ahead of the growth curve. See https://imgur.com/vO0kPEy * Apple's quarterly revenue: $75.9bil * Apple's quarterly profit: $18.4bil * Google's quarterly revenue: $21.3bil * Google's quarterly profit: $6.8bil In sheer…

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