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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

#161

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.

> If Google disappeared the world would screech to a halt.

I agree that Google vanishing in an instant would have a more tangible short-term effect than Apple doing the same. But I feel you paint them as (nearly) opposite ends of a spectrum. Google provides many centralized services that people have come to depend on, whereas Apple creates physical products that would continue to function even if the company ceased to be. But Apple provides some similar centralized services and its various stores that sell virtual products (apps, music, video).

Either disappearing would be inconvenient for a lot of people—notably those who use centralized services—but my opinion is that in both cases, people would adapt fairly quickly.

All that said, as someone who doesn't use services or products provided by either of these two companies, my instinct is to agree with you that Google feels like it provides greater net value to society than Apple.

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

#162
post #146
post #116

Earlier quoted context omitted.

>> 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.

It depends on how you defined "above the fold", but I have seen this on occasion. It's hard to replicate, though. For instance "credit card" is a search terms often overflowing with ads, but it's only giving a few to me right now.

Where GP is wrong is that this is something "they did not do 5 years ago". There were a ton of articles complaining about it in 2008/2009. Unless it is happening on many times more search terms than it was back then, it wouldn't explain the increased click rate at all. The fact that the increase was YoY makes it even more dubious.

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

#163
post #158

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.

How's that? To search the web, I'd go to DuckDuckGo or Bing or whatever. Other companies also provide web mail, maps, office document solutions, etc. Google's definitely better at those things, but using a worse version of those products would not cause the world to "screech to a halt." Probably the most disruptive thing if Apple vanished would actually be every tech company suddenly needing to figure out how to use…

We could probably think of alternatives for most of these things, but there are a lot of people who just use what came with their phone/browser.

Additionally, think of all of the Google-backed services out there provided by other companies. How many companies use gmail heavily that would lose all kinds of records?

Normal people would lose their e-mail too, and businessmen would lose a lot of their calendars. The actual solution doesn't matter as much as the data already invested in Google's solutions that would be lost if Google just vanished.

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

#164
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…

Apple's brand trades a lot on having extremely well finished products with very polished experiences. If they started experimenting left and right like Google does, they would lose that brand image, which is arguably their most valuable asset (even above and beyond the technology itself). If Google releases Glass and it flops, it hardly affects their image ('well, yes, it's cool technology, that's what Google does, b…

Instead they release a "me too" watch, a "me too" music service, a "me too" laughable pro tablet. They are losing their touch. No need to say it... it is obvious.

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

#165

Earlier quoted context omitted.

For public companies this is always going to mean market capitalization, which is the number of outstanding shares multiplied by the share price. This is the amount that would be required to instantaneously buy all the stock were it for sale at the listed price and thereby gain 100% ownership. ( In reality this never happens, and quickly buying large amounts of a stock typically elicits an additional premium on top o…

It's definitely not the amount of money that would be required to buy all the stock. The market cap is usually much smaller than that quantity.

Which is fairly easily demonstrated by the fact that actual acquisitions of going concerns are usually at a premium above the market price at the time they are negotiated.

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

#166

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.

If Goggle dissapeared, and it might through anti-monopoly laws, I would just move on to another search engine.

What am I missing? I don't know all the ins and outs of Google.

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

#167

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.

If Goggle dissapeared, and it might through anti-monopoly laws, I would just move on to another search engine. What am I missing? I don't know all the ins and outs of Google.

Gmail, Google Maps, Google Apps for Business, Android...just to name a few...

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

#168

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.

If Goggle dissapeared, and it might through anti-monopoly laws, I would just move on to another search engine. What am I missing? I don't know all the ins and outs of Google.

Well consider the number of 3rd party services that would shut or require a significant amount of development to get back online as a result of google shutting down:

https://developers.google.com/apis-explorer/

There's a lot of services that depend on Google and changing all that code overnight is unlikely. Apple doesn't have that kind of 3rd party reach.

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

#169
post #92

Earlier quoted context omitted.

How much Google product did you buy last quarter...

The most interesting part about signing up to Google Contributor has been the allocation reports. Try it just once on a 'top 10 list of celeb whatever' site to see how much they make per visitor.

According to the sample prices of $2-$10 for 5-50% fewer ads, I guess the monthly average for each user is $13-$40?

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

#170
post #158

Earlier quoted context omitted.

How's that? To search the web, I'd go to DuckDuckGo or Bing or whatever. Other companies also provide web mail, maps, office document solutions, etc. Google's definitely better at those things, but using a worse version of those products would not cause the world to "screech to a halt." Probably the most disruptive thing if Apple vanished would actually be every tech company suddenly needing to figure out how to use…

We could probably think of alternatives for most of these things, but there are a lot of people who just use what came with their phone/browser. Additionally, think of all of the Google-backed services out there provided by other companies. How many companies use gmail heavily that would lose all kinds of records? Normal people would lose their e-mail too, and businessmen would lose a lot of their calendars. The actu…

And Google Takeout continues to ensure that won't happen.
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