Apple Stock News: Archives

Tag: Alphabet

Apple Stock News: Archives

Tag: Alphabet

Apple Stock News: The Race to be the First Trillion Dollar Company May Depend on China

Apple Stock News

The race to get the title of first trillion dollar market cap is getting closer to the finish line.  Apple is sitting pretty with an $868B market cap.  Alphabet Inc. (Google) is in second place at $712B.  Amazon is in third at $556B.  Facebook is in fourth at $512B.  But Apple hasn’t always been in the lead.  It was temporarily overtaken by Alphabet Inc. in 2016.

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Apple Stock News: Could Alphabet Inc. Overtake Apple Inc.?

Apple Stock News

Apple Stock News

Apple should be worried because the gap between them is getting shorter with time. When we take into account growth momentum and cash stockpiles the gap is in single digits. If you take away Apple’s massive amount of cash of $206 billion, the difference between the two is only about nine percent. If this movement continues, then it appears that Alphabet stock could overcome Apple stock.

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