Alphabet Passes Apple As Most Valuable Company

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Uh oh, you know Cook and company aren't going to be happy about this. The graph below says it all.

Google parent Alphabet was set to pass Apple as the most valuable company in the world on Tuesday. At Monday's after-hours levels (which technically reflect an indication, but not the real-world value), Alphabet's market cap would roughly be $570 billion, eclipsing Apple's current market cap of about $535 billion.
 
We had the dot com bubble, the real estate bubble, and now the Google bubble?
Google was overvalued $100 billion ago. How much more can the bubble inflate before it pops?
 
and here I was wanting to grab some shares. Day late and a dollar short per usual.
 
240px-Nelson_haha.jpg
 
Ordeith said:
Seriously.

Seems Google has a PER of 34.26, compared to Apple's PER of 10.24

a PER in the 20s is considered sustainable.
It's gonna be a hell of a pop.
Click to expand...

FB has a PER of 89.x so would this qualify as a candidate for detonation? :D
 
Markets are fickle, too much is based on the panic level of speculators. Too many self-fulfilling prophecies have come of that shit.
 
Don't cross the streams, man! You know what happens when you cross the streams!

Apple cores and Alphabet soup all over the place.
 
The whole "market" is a bubble as a result of unsustainable spending by 0bama. When you have to "borrow" (sell treasury bonds) a trillion dollars you are in essence injecting artificially that trillion dollars into the economy. Because the markets operate roughly like an auction prices will rise when there is an excess of capital. If we are lucky prices will deflate at a controlled managed rate. The longer irresponsible fiscal policies continue the greater likelihood of a less controlled collapse.
 
Bought 1 share. Buying more tomorrow when my money is transferred.

(crash now guaranteed)
 
All Bing needs to do is create some Bing Maps and street views and they win.
 
Ordeith said:
Seriously.

Seems Google has a PER of 34.26, compared to Apple's PER of 10.24

a PER in the 20s is considered sustainable.
It's gonna be a hell of a pop.
Click to expand...

Depends on growth vs maturity, but I agree. PE ratios that high, you better be growing! Then again, you look at valuations of Tesla and Amazon and you begin to realize that the stock market has become decoupled from fundamentals and common sense.

At the end of the day, people are panicking about Apple, but the company has over $200 billion in cash alone, which makes that panic border on insanity.
 
thejokker said:
The whole "market" is a bubble as a result of unsustainable spending by 0bama. When you have to "borrow" (sell treasury bonds) a trillion dollars you are in essence injecting artificially that trillion dollars into the economy. Because the markets operate roughly like an auction prices will rise when there is an excess of capital. If we are lucky prices will deflate at a controlled managed rate. The longer irresponsible fiscal policies continue the greater likelihood of a less controlled collapse.
Click to expand...

Not sure if serious... that being said 'the market' can have all manner of excess without any government 'help'.
US dollar keeps getting stronger, some are calling it a currency bubble.. I guess we will see.
Blaming solely Obama is a bit absurd also.
 
HockeyJon said:
Depends on growth vs maturity, but I agree. PE ratios that high, you better be growing! Then again, you look at valuations of Tesla and Amazon and you begin to realize that the stock market has become decoupled from fundamentals and common sense.

At the end of the day, people are panicking about Apple, but the company has over $200 billion in cash alone, which makes that panic border on insanity.
Click to expand...

Yep, its crazy stuff, that wallstreet casino.
I think apple is being 'punished' for not innovating, I mean they really seem to be NOT innovating, unless they release a successful Apple car.
Google on the other hand, is insane.
I guess it became more clear how much stuff they are throwing at the wall to see what sticks (by that I mean trying to innovate) once it became this Alphabet thing with the subsidiaries and whatever.
The structure makes sense, focused divisions, that is probably why they are being 'rewarded' I guess.
 
Well, that was short lived.
Google is reporting that Apple is back on top.
 
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