Apple vs Alphabet: Even We’ve Been Struggling to Keep Track…

Earlier this week, Alphabet – the parent company of Google – surpassed Apple to become the world’s most valuable company. However, Apple has since reclaimed premier position – and, admittedly, even we at AppleMagazine reacted too hastily when Apple was initially dethroned…

Alphabet owes its brief tenure at the market capitalization summit to its impressive earnings report for the fourth quarter of 2015. The stock markets reacted predictably positively, bumping up Alphabet’s value to $540 billion, ahead of Apple’s. But Alphabet couldn’t celebrate for too long…

As the markets closed yesterday, Alphabet was trading at 4.93% less than the day before, resulting in a market capitalization of $499.94 billion. Meanwhile, Apple’s stocks had grown by 1.98%, handing it a value of $534.22 billion. With both companies having just reported their earnings for the latest quarter, it could be a while before Alphabet comes close to beating its Cupertino rival again.

Unfortunately for us at AppleMagazine, however, Apple’s return occurred only after we had prepared articles about Alphabet approaching and then surpassing Apple’s market value. Both of these articles will appear in our issue to be published tomorrow – but, in the following week’s issue, we’ll be looking much closer at the recent tussle between these two tech titans. Get your subscription to our digital periodical to make sure that you don’t miss it!

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