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Google Surpasses Apple as World's Most Valuable Company

diipii said:
The pin has entered the bubble.
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Then Google should be flat by the end of the year. They have had one truly successful product "search". Everything else has been a commercial failure. Oh, I know you're thinking Android, but it fails to make them money on any scale because the model doesn't work long term. The tech companies push them up because too many companies have hooked on to thier balloon which when it pops it will be right back to Apple, MS, and IBM. There is a bubble and it's the overvaluing of companies that don't have sustainable business plans. Google gets headlines for crazy stuff that is gone in 2 year or less. There is a reason Google has 85% of the mobile market and Apple makes 90% of the profits in that same market. Their model is what will keep them in business, while Google is scrambling to find something to replace thier shrinking search income.
 
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Klongeiger said:
The thing that continues to elude me is, why this should be of concern to Apple? Why is everyone so obsessed with stock price or shareholder value? Apple keeps making insane profits on a significantly lower market share than Google in the market they actually compete (Android/iOS)...
As long as market cap stays high enough to prevent hostile takeover, falling stock price should be irrelevant. Apple's not going to lose money on falling stock prices. Am I missing something here?
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Yes - you are missing a lot. First, everyone is not obsessed with the stock price - that is not a valid position. More importantly, many, many people have their savings / pension plan funding invested in AAPL. As the share price drops their savings drop or the basis of their pension plans viability becomes lessened. Surely I don't have to explain why they would be "obsessed" with share price. There are people out there who have held AAPL for decades, are now retiring, and need / want the money.
 
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As long as Apple continues with earning around this level (or higher), I hope that the stock price keep dropping... gives me time to buy more!

Their P/E is low, and their EV/EBITDA is really low!
 
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Who cares? Before the bubble burst, Enron is the most innovation company, a over 50 P/E, and Wall Street love it's growth rate
I'm not saying Google has accounting problem, but be skeptical about any company has a >20 P/E, and you heard nothing bad about their future in the media.
When something sounds too good to be true, it's usually is
 
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JayMBP said:
I don't see GOOG being more valuable than AAPL a problem, but as a heavy Apple user, I think you can tell how Apple has lost its edge under Cook's guidance given today's fact. He is too focused on numbers and forgot what actually made Apple, well... Apple.

Apple under Jobs was about the experience one'd get from Apple products, and I think that's what Apple should get back to.

iPhones, iPads, Facetime, Retina, Thunderbolt... etc all made up to provide user an amazing experience by going all Apple.

No we have *meh* products like Apple Pencil, Apple Music, 16GB iPhones with 4k video capability, 5400RPM HDD 4k iMac... so on. This is no longer Apple.

It used to be that, even the lowest tier of Apple products would provide a great experience while paying extra for enhancement/needs.

Not we have an ok experience for the bottom tier while being FORCED to buy higher tiers because the bottom one simply doesn't make any sense whatsoever.
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Apple Music is not meh. I use it just about every day and it works great for my needs.
 
JayMBP said:
Apple under Jobs was about the experience one'd get from Apple products, and I think that's what Apple should get back to. ... Now we have *meh* products like Apple Pencil.
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Apple went through great length to increase the scan rate and accuracy of the Apple Pencil. Of course you still need artistic talent to create something not *meh*.

 
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thekeyring said:
Google shares what they're working on, Apple doesn't. Look at Google Glass - was that a successful product? No. If Apple had a product that flopped like that, there would be talk in this forum of firing Tim Cook.
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Go lookup the definition of innovation. Product success may be a result of innovation but not a definition of it.
 
Stella said:
Your user icon sums things up nicely.. whatever Google do, your not going to be open minded enough to appreciate.
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My user icon sums things up: I'm open EYED enough to see what Google really is.

kdarling said:
You mean: affordable, non-high-margin devices that don't rely on subsidies to sell, and which the majority of the world can buy.

Remember, there would've been no worldwide phone infrastructure and market for Apple to take advantage of, without the cheaper devices that allowed those truly critical pieces to grow so widespread.
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Nope. I really did mind affordable crappy phones.

dba415 said:
Sorry buddy. Google did not intend to directly profit off of Android. The primary goal of Android is to make Google's ecosystem ubiquitous in the landscape, and Android has been a resounding success in that regard. Market share is what Google wanted and that's what it got. There's a reason Google gave away Android for free. The company can indirectly profit off of Android by selling ads and user information. Google sits on the largest mountain of consumer behavior/habits/insights ever.
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I know .... and you consider that as something positive ? o_O

BillyMatt87 said:
An ideal situation would be:

- The board fires Tim Cook, I think Apple needs someone who has the same level of vision, passion and energy the Jobs brought to the table. Tim Cook is more of your ordinary bottom line CEO who pretends to act like he cares about the products, but really it's just about the money. You could always clearly tell how genuinely passionate Jobs was when he took the stage. We need that again.

- Angela Ahrendtz is fired and Ron Johnson returns to helm Apple retail.

- Craig Federighi is demoted (he's too likable to be fired but too inexperienced to be the software VP), Scott Forstall returns and Jony Ive and his team go back to only designing hardware again.

- Eddy Cue is fired and hopefully that will put an end to the whole Apple Music/Beats fiasco.
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I'm quite sure Apple may want you as the new CEO since you know Apple's executives so well.... :rolleyes:
 
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Its not about innovation... Do you think the oil companies are innovative? and where's Google innovation?

Even Apple will release an iPhone with Star Wars hologram... Stocks will down...
 
djgamble said:
MBPs/Minis should come with PROPER graphics cards, expandable RAM and space for a new HD. Even with high-end MBPs/Minis you're crippled by in-built graphics (even if you pay $5k+ for a machine with maxed out RAM, maxed out HD, retina display and the fastest i7). IMO this is a massive farce...
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Yeah, that would surely change so much. The vast majority of people have no clue what a Mac Mini is.
yaxomoxay said:
what destroyed apple is the lack of OSX on iPads.

#doomed
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Moron
 
Why are you all talking about hardware like it's the only thing that matters?

Like Amazon, Google is not a one trick "hardware" pony as they offer strong products in web services, cloud infrastructure, data services, and much much more.

Where is the Apple equivalent? iCloud? iTunes? I don't know any developers targeting iCloud for app deployment. Funny enough, I trust my data with Amazon S3 and Google's nearline, but I cancel the iCloud login every time my Mac boots up.

Apple's software has become a joke in the developer community. The reality is the have alienated a lot of developers that sang the siren song of OSX as a bomb-proof dev machine. OSX is very buggy as of late and now we can't upgrade ram post purchase. The hardware is still good, but I can see a future where (with container tech) the hardware plays a less critical role. Swift going OSS is exciting and lots of people are paying attention, but that is about it when it comes to open innovation.

Microsoft, Google, IBM and others have made strong headway into the OSS software world. That doesn't go un-noticed. When the hacker-news community starts writing that they are looking for alternatives to OSX, my eyes perked up. Open innovation and lack of wall gardens are the future. Developers will drive the next wave of devices...
 
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Rogifan said:
Except that Apple's comparison is a bit unfair considering last years holiday quarter was absolutely massive. How many companies do $75B in revenue and $18B in profit in one quarter? And Apple's done it two years in a row. Apple is basically a victim of its own success.
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It was massive, that's why a slow growing company with a P/E of 11 is worth $500 B in market cap. Apple was also worth nearly $800 B when it was growing faster. These trends are quarter to quarter. Doesn't help Apple gave soft guidance for the next quarter either. All can change quickly. If you aren't growing, a P/E of 10-15 is reasonable.

I consider the markets unfair to Apple in that when Apple was growing, P/E drifted to 15, rarely higher. You didn't see P/E 35 after last Xmas, even though revenue was up 19% for Q1 2015.
 
Klongeiger said:
As long as market cap stays high enough to prevent hostile takeover, falling stock price should be irrelevant. Apple's not going to lose money on falling stock prices. Am I missing something here?
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Yes, I think you are missing something: the ability to compete for and retain world-class talent.

(Geometrical) increases in share value allow Apple to hire and retain the best, locking-up this talent with stock options, at a fractional cost to the company.

Engineering brilliance needs to be rewarded.
 
ksuyen said:
Besides the search engine, my point is, there is nothing Google on my hand that I can use right now. Whereas I have iPhone, iPad, Macbook Pro, AppleTV, AppleWatch, etc. I am using at this minute.
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Well that wasn't my point. We're talking Google as a company. They do a lot more than what can be bought by the consumer.

Rogifan said:
There's nothing meh about the Apple Pencil. In fact I'd say it's as innovative as anything that came out of Jobs 2.0 aside from multi touch.
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Nothing "meh" - but I wouldn't call it all that innovative either. It's a good implementation and perhaps a bit evolutionary of what has already been done. Not that it's not a solid product and a welcome addition to the product line. But to me, it doesn't really have "wow" factor like some other things Apple has created/implemented/etc
 
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Studioman said:
Then Google should be flat by the end of the year. They have had one truly successful product "search". Everything else has been a commercial failure. Oh, I know you're thinking Android, but it fails to make them money on any scale because the model doesn't work long term. The tech companies push them up because too many companies have hooked on to thier balloon which when it pops it will be right back to Apple, MS, and IBM. There is a bubble and it's the overvaluing of companies that don't have sustainable business plans. Google gets headlines for crazy stuff that is gone in 2 year or less. There is a reason Google has 85% of the mobile market and Apple makes 90% of the profits in that same market. Their model is what will keep them in business, while Google is scrambling to find something to replace thier shrinking search income.
Click to expand...

You obviously have no clue but I don't have time (nor the will) to spell it out for you here. Hopefully, someone else will...
 
This is great news. I'm glad to see that both Google/Alphabet and Apple are fighting hard as this can only benefit the consumers. Nobody wants a world where only one company dominates.
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Mac Fly (film) said:
Which company makes more money? Besides, totally different companies. Stock price is ******** based on speculation.
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Funny how when Apple had the highest stock price you were probably singing quite a different song.
 
Rogifan said:
Except that Apple's comparison is a bit unfair considering last years holiday quarter was absolutely massive. How many companies do $75B in revenue and $18B in profit in one quarter? And Apple's done it two years in a row. Apple is basically a victim of its own success.
Click to expand...
Amen. The law of large numbers. No one stays #1 forever anyway, and I suspect that one day they'll be back (as if that mattered), but we'll see.
 
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