Alphabet, the parent company of Google, won yesterday the title of the most valuable company in the world. After the 4 quarter of 2015, the results surpassed all expectations as the Alphabet share shattered higher than Apple's share.
Η Alphabet έχει σήμερα η συνολική αξία αγοράς τα 558 δισmillions dollars, while the total value of Apple, which is in second place, reaches $535 billion.
This is not the first time that Google has won the title of the most valuable company in the world. Apple who had the title previously had Exxon passed 2011. Before that, Apple was behind Google, which was the most valuable technology company of 2010.
Bloomberg reports that the company's results show that 2015's last quarter revenue rose by 19% to 17,3 billion dollars. This, of course, surpassed analysts' expectations as well as their average forecast of 16,9 billions of dollars.
Company earnings per share were 8,67 dollars, against the optimistic forecast for 8,08 dollars.
99% of Alphabet's revenue is reported to have come from Google's division. Most of the money comes from the company's advertising business, which generated a profit of about 19 billion dollars from the total 21300000000 $ earnings recorded in the 4 quarter of 2015.
In addition, the company also announced that it has increased its base of its employees, bringing the number to 61.814 employees, from last year's total of 53.
Gmail also surpassed the milestone of one billion users.
Let's mention that a year ago, Apple had a total market value of 775 billion dollars. Since then, the company has been on the loose drop, while Google has been climbing since 2010.
