Google Go Up, Apple Go Down
Beginning of this month, Apple is no longer the most valuable company in the world. After a positive Q4 earnings report, Alphabet, the company formally known as Google, saw its shares soar in early trading on Tuesday, lifting its market capitalization past Apple’s.
Alphabet was valued at $553 billion now, eclipsing Apple’s market capitalization by $25 billion. 12 months ago, Google trailed Apple’s valuation by $330 billion. Since then, the search giant’s market cap increased by more than 50 percent while Apple saw its valuation drop by 24 percent.
Apple had first become the world’s most valuable company in 2011, when it surpassed Exxon Mobil, the long-time leader in this category. After several comebacks from Exxon, Apple reclaimed the title in August 2013 and had been on top ever since.
Is this a sign that Android will be the winner in the mobile OS industry? I don't think so. It's a long battle and still very far from over.
Alphabet was valued at $553 billion now, eclipsing Apple’s market capitalization by $25 billion. 12 months ago, Google trailed Apple’s valuation by $330 billion. Since then, the search giant’s market cap increased by more than 50 percent while Apple saw its valuation drop by 24 percent.
Apple had first become the world’s most valuable company in 2011, when it surpassed Exxon Mobil, the long-time leader in this category. After several comebacks from Exxon, Apple reclaimed the title in August 2013 and had been on top ever since.
Is this a sign that Android will be the winner in the mobile OS industry? I don't think so. It's a long battle and still very far from over.
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