Alphabet topples Apple

2 February 2016

alphabet Who is the most valuable company in the world? Well, if you're able to deduce things from headlines, you will have guessed that Alphabet Inc are now top of the pile, knocking Apple from the top spot.

If you're all 'Alphabwho?', then remember, that's what Google changed their name to.

Why should some arbitrary list be of any importance? Well, there is something to be said about being top of this list. Once upon a time, IBM were top, who were then surpassed by Microsoft, who were in turn toppled by Apple, who have now been replaced by Alphabet.

Looking at that list, you can see how certain companies just start to fall out of favour, and given that Google and Apple were once best buds, before falling out over the development of the Android platform, this could be seen as something of a power shift.

Of course, this meant that Alphabet shares shot up this week, and in total is worth $568 billion, while Apple are worth $535 billion.

There's been numerous analysts and reports, saying that Apple's appeal is softening of late, and that they're not shifting the amount of phones they once did. One problem market for Apple is China, where they're just not that interested in new iPhones and the like.

Google/Alphabet meanwhile, have been doing a roaring trade since the restructuring of the company, while Apple seem to have spent half their time in court with Samsung and other.

Alphabet are hoping that Google's search engine carries on being as popular, as well as YouTube videos, and not to mention the imminent self-driving cars, the mysterious X research division which does all the secret, weird stuff, and the smart-home thingy, Nest. They've got a lot of irons in the fire, and people seem to be responding to that.

The scrap between Apple and Alphabet is on!

TOPICS:   Technology   Economy

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