Apple holds the palm as the most valuable company in the world with 2013. But now Google may bypass the competitor and to occupy the first place. At the auction last Friday the difference between the two companies amounted to about 10%, and Alphabet capitalization exceeded $500 billion.
According to journalists, oversaturated market of smartphones and the decrease in the rate of market growth will lead to price wars. More than 60% of revenues accounted for Apple iPhone.
In turn, important for Google market mobile digital ads by 2019 will increase three times to $200 billion in addition, the prospects of Google linked to the engineering projects like car without driver, robots and medical equipment.
The value of Apple is estimated at $542.5 billion, $47 billion more than the Alphabet. According to analysts, the situation will change, when the two companies will announce the profits in their next quarterly reports.
In the summer of last year, Google increased its market value by $60 billion in just one day. It happened on the next day after posting profit that exceeded expectations of market experts
Apple will publish its financial report for the fourth quarter of last year on January 26, and Alphabet — 1 February.
[ Source: NyTimes ]