[Swordmaker]

Apple regained the "Most Valuable Market Cap Company in the World" title less than 24 hours after Alphabet/Google wrested it from them to huge almost joyous headlines around the world, and the news is basically crickets. Apple is now out-valuing Google by over $35 Billion after less than a single day with Alphabet/Google at the top of the heap, yet the news media yawns?

It seems that when anal-cysts started looking at the details of the win, there was really no "There" there. Alphabet had reported their huge quarter using non-GAAP (Generally Accepted Accounting Practices) accounting, not a usual practice, and also, it turned out were taking advantage of some unusual one-time tax breaks, resulting in a very rare 5% effective tax rate for their US Income Taxes for the quarter to get the results they were reporting.

Without these very unusual tactics, Alphabet's bottom line gains may very well have disappeared in a cloud of smoke and mirrors, especially if they use the more accepted GAAP accounting rules. As a result, under this scrutiny, the very high stock valuations of Alphabet's class A stock prices of over $830 evaporated quickly and its market cap dropped. -- PING!

Pinging ThunderSleeps and dayglored for their ping lists.

Apple's Market Cap
Back On Top
Ping!

The latest Apple/Mac/iOS Pings can be found by searching Keyword "ApplePingList" on FreeRepublic's Search.

If you want on or off the Mac Ping List, Freepmail me

[Unrepentant VN Vet]

My experience has taught me one very clear (and at first extremely painful) lesson:

If you expect facts/truth out of the worldwide MSM that do not conform with their agenda, you are [BLEEP]ing delusional.

If I even bother to read or listen to their crap, my usual reaction is to use them as an Absolute Negative Barometer: If the story says “A”, then only “Not A” is true.

Got a 99.99999 percent success factor with that deal since ‘67.....

[ThunderSleeps]

Who is really on top in terms of market capitalization - ANDROID PING!
Android Ping! If you want on or off the Android Ping List, Freepmail me.

---

Probably only of passing interest to most folks, be they in the Apple or Android camp. Personally, I find it kind of hard to get excited over which giant is bigger when they are both, well, giants.

[Lurkina.n.Learnin]

It was pretty big fan fare when Apple overtook Exxon. I believe a lot bigger than Google’s news. Of course Exxon was top dog for years, Apple for months and Google for hours.