Notebookcheck
, , , , , ,
search relation.
, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
 

Alphabet crests US$1 trillion market cap thanks to Google

Alphabet joins Apple, Amazon and Microsoft with a US$1 trillion market cap. (Source: Alphabet)
Alphabet joins Apple, Amazon and Microsoft with a US$1 trillion market cap. (Source: Alphabet)
Alphabet has become the US fourth company to crest the US$1 trillion market cap. This puts it up there with Apple, Amazon and Microsoft which are the only other companies to achieve the milestone.
Sanjiv Sathiah,
, , , , , ,
search relation.
, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
 

Alphabet has hit a market cap of US$1 trillion for the first time. It now joins only Apple, Amazon and Microsoft as one of only four US companies to have achieved the landmark. Of course, powering its valuation over the threshold is the performance of Google, the key portfolio in Alphabets wider range of bets across various initiatives all of which utilize technology at their core.

A significant driver of Google’s success, which has helped to lift Alphabet’s overall valuation are its cloud efforts. Although it still lags both Amazon and Microsoft in the space, Google’s cloud businesses has doubled from US$1 billion per quarter to US$2 billion per quarter between the period of February 2018 to July 2019. This growth is projected to continue over the next twelve months helping to make investors bullish about its growth prospects.

Alphabet recently underwent a significant upheaval in its leadership with co-founders Sergey Brin and Larry Page stepping down from their leadership roles and handing the reigns over to Google CEO Sundar Pichai. Now at the helm of both Google and Alphabet, investors see Pichai as being a safe pair of hands who is capable of tackling the ongoing perception of security concerns and cultural issues that have mired Google, in particular, in recent times.

Analysts predict the next of the big US tech companies to crest the US$1 trillion valuation will be Facebook, which currently sits are around a US$650 billion market cap. Apple, in the meantime, could be headed towards a US$2 trillion valuation if continues on its current trajectory.

static version load dynamic
Loading Comments
Comment on this article
, , , , , ,
search relation.
, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
 
Sanjiv Sathiah
Sanjiv Sathiah - Senior Tech Writer - 1256 articles published on Notebookcheck since 2017
I have been writing about consumer technology over the past ten years, previously with the former MacNN and Electronista, and now Notebookcheck since 2017. My first computer was an Apple ][c and this sparked a passion for Apple, but also technology in general. In the past decade, I’ve become increasingly platform agnostic and love to get my hands on and explore as much technology as I can get my hand on. Whether it is Windows, Mac, iOS, Android, Linux, Nintendo, Xbox, or PlayStation, each has plenty to offer and has given me great joy exploring them all. I was drawn to writing about tech because I love learning about the latest devices and also sharing whatever insights my experience can bring to the site and its readership.
contact me via: @t3mporarybl1p
Please share our article, every link counts!
> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2020 01 > Alphabet crests US$1 trillion market cap thanks to Google
Sanjiv Sathiah, 2020-01-17 (Update: 2020-01-17)