Analysis, Apple, Companies, Google

Google surpasses Apple as world’s most Valued Company

Google, or Alphabet as its parent company, raked in a nice $21.3 billion in total sales and adjusted profits of $8.67 for its every Class A share. With total sales up 18 percent over the previous year, the company’s revenue/earnings are looking rather impressive overall. For Alphabet, there were several key areas in where the company grew its value and revenue. The advertising rose by 17 percent compared to the same period the year before, giving the company a nice revenue bump during that period. Immediately after the announcement, shares rose 1.22 percent to hit $752 per share in normal trading resulting in a market capitalization of

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