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Exceeding Apple and Google Alphabet is the most valuable company in the world

Source: Web (Internet) Editor: Mall Zhongwang Published on: May 15, 2016 zero

According to the news on May 13, Apple was once the company with the highest market value in the world, but now it has been temporarily replaced by Alphabet, the parent company of Google. According to foreign media reports, Apple's share price fell below $90 on Thursday, which directly led Alphabet to leave Apple with a market value of $498 billion behind the death of $494 billion.


In recent weeks, Apple's share price has been falling, eventually hitting a 52 week low of $89.47. Foreign media said that the decline of Apple's share price was related to the weak demand for iPhone 7, and Apple's revenue in the third quarter of 2016 was likely to fall further.


Last Value Brand Ranking

In fact, this is not the first time that Alphabet has surpassed Apple in market value. In February 2016, Alphabet defeated Apple. Whether Apple can surpass Apple in the future depends on the performance of the new generation iPhone. In addition, there is good news for Apple. In the Forbes "Last Value Brand" selection, Apple ($154.1 billion) beat Google ($82.5 billion) to win the championship.

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