Live Updates: COVID-19 Cases
  • World 30,734,956
    World
    Confirmed: 30,734,956
    Active: 7,415,420
    Recovered: 22,362,347
    Death: 957,189
  • USA 6,927,378
    USA
    Confirmed: 6,927,378
    Active: 2,532,075
    Recovered: 4,192,121
    Death: 203,182
  • India 5,312,537
    India
    Confirmed: 5,312,537
    Active: 1,018,456
    Recovered: 4,208,431
    Death: 85,650
  • Brazil 4,497,434
    Brazil
    Confirmed: 4,497,434
    Active: 572,438
    Recovered: 3,789,139
    Death: 135,857
  • Russia 1,097,251
    Russia
    Confirmed: 1,097,251
    Active: 171,450
    Recovered: 906,462
    Death: 19,339
  • Peru 756,412
    Peru
    Confirmed: 756,412
    Active: 124,334
    Recovered: 600,795
    Death: 31,283
  • Mexico 688,954
    Mexico
    Confirmed: 688,954
    Active: 123,959
    Recovered: 492,192
    Death: 72,803
  • Spain 659,334
    Spain
    Confirmed: 659,334
    Active: 628,839
    Recovered: ?
    Death: 30,495
  • South Africa 657,627
    South Africa
    Confirmed: 657,627
    Active: 54,926
    Recovered: 586,844
    Death: 15,857
  • Chile 442,827
    Chile
    Confirmed: 442,827
    Active: 14,647
    Recovered: 415,981
    Death: 12,199
  • France 428,696
    France
    Confirmed: 428,696
    Active: 305,873
    Recovered: 91,574
    Death: 31,249
  • Iran 419,043
    Iran
    Confirmed: 419,043
    Active: 37,293
    Recovered: 357,632
    Death: 24,118
  • UK 385,936
    UK
    Confirmed: 385,936
    Active: 344,204
    Recovered: ?
    Death: 41,732
  • Bangladesh 347,372
    Bangladesh
    Confirmed: 347,372
    Active: 88,073
    Recovered: 254,386
    Death: 4,913
  • Saudi Arabia 328,720
    Saudi Arabia
    Confirmed: 328,720
    Active: 15,938
    Recovered: 308,352
    Death: 4,430
  • Pakistan 305,031
    Pakistan
    Confirmed: 305,031
    Active: 6,572
    Recovered: 292,044
    Death: 6,415
  • Turkey 299,810
    Turkey
    Confirmed: 299,810
    Active: 27,628
    Recovered: 264,805
    Death: 7,377
  • Italy 294,932
    Italy
    Confirmed: 294,932
    Active: 42,457
    Recovered: 216,807
    Death: 35,668
  • Germany 271,244
    Germany
    Confirmed: 271,244
    Active: 18,780
    Recovered: 243,000
    Death: 9,464
  • Canada 141,911
    Canada
    Confirmed: 141,911
    Active: 8,983
    Recovered: 123,723
    Death: 9,205
  • Netherlands 90,047
    Netherlands
    Confirmed: 90,047
    Active: 83,774
    Recovered: ?
    Death: 6,273
  • China 85,269
    China
    Confirmed: 85,269
    Active: 171
    Recovered: 80,464
    Death: 4,634
  • Australia 26,885
    Australia
    Confirmed: 26,885
    Active: 2,079
    Recovered: 23,962
    Death: 844
  • S. Korea 22,893
    S. Korea
    Confirmed: 22,893
    Active: 2,545
    Recovered: 19,970
    Death: 378
  • New Zealand 1,811
    New Zealand
    Confirmed: 1,811
    Active: 67
    Recovered: 1,719
    Death: 25

Alphabet becomes World’s most valuable company

Author at TechGenyz Google
Alphabet logo

Last week Alphabet Inc., the parent company of Google has topped the list of the world’s most valuable publicly traded company. Earlier Apple was crowned with the title with $535 billion market capitalization.

Alphabet Inc. earned $4.9billion on revenue of $21.3billion in the fourth quarter and over the expectation of market research analysts. The software company earned $.58 more i.e. $8.67 per share compared to estimated $8.09 on $20.8 billion in revenue.

Last year Google has revamped their organizational structure and brought all their businesses under Alphabet – since then the company performed very well. The company’s core business search engine marketing has increased significantly – paid clicks increased by 31% year-over-year. Based on that good results, the Alphabet’s market value now stands at $558 billion while Apple’s was at $535 billion.

Alphabet

From last couple of months, Apple’s stock has been sliding amid concerns over slowing iPhone sales. Meanwhile, Alphabet’s stock has surged by 45% since the end of 2014 when it was still trading under Google’s name. In last quarter Google has produced an operating profit of $6.8 billion on revenue of $17.1 billion, after subtracting ad commissions that translate into a whopping profit margin of 40%. On the other side, Apple registered an operating profit margin of 32% in the last quarter.

Apple

Ruth Porat who joined the company on May last year said in the statement with the earnings report

“Our very strong revenue growth in Q4 reflects the vibrancy of our business. Driven by mobile search as well as YouTube and programmatic advertising, all areas in which we’ve been investing for many years,”

Though Alphabet’s primary ventures performed very well some of its subsidiaries were also a cause of concern for the company. Other companies together produced an operating loss of $1.2 billion on revenue of just $151 million.

After Sundar Pichai named the CEO of Google the company changed some of their strategic decision. Search trends on Google form the last couple of years has shifted from desktop to mobile –  that led the company to focus on the mobile advertising business.

Career

Subscribe