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: Google to Pay $3 Billion to Apple to Remain Default Search Engine

Apple Stock News

For the latest Apple Stock News, AAPL closed at $159.85 per share on August 14th, 2017. It generated a return of 1.50% from its previous close on August 11th, 2017, when it closed at $157.48 per share.

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Apple Stock News: Developing New AI Chip

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.61 on Friday, May 26th, 2017. It had a loss of -0.17%  from its previous close of $153.87 per share.

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Apple Stock News: Alphabet passed Apple as the most valued company

After an amazing report of Alphabet, Apple was displaced by Alphabet as the most valued company in the world. Yesterday, Alphabet reported revenues and earnings better than expected by analysts and its shares went up strongly.

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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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