MILAN – Alphabet, the holding company that controls Google, becomes the largest US company by market capitalization, overtaking for the second time in a few Apple months: on Wall Street is worth 498.56 billion dollars, up from 495.38 billion Cupertino, that after the publication of the latest quarterly accounts (and the fear of a further decline in iPhone sales) is not doing very well. The title in fact Apple is continuing to lose ground: for the first time since June 2014 has gone under 90 dollars, while the company has fallen below 500 billion dollars of value, something that has not happened for two years. And Google took the opportunity, thanks to greater confidence on the part of the market on the possibilities of the Mountain View giant growth.
The Apple weakening began with the publication of accounts in the first quarter of 2016. For the first time by iphone launch, sales of mobile phones were down. And the signals for the coming months are not exciting. Meanwhile, analysts expect a further slowdown and even the Taiwanese Foxconn – one of iphone manufacturers – scored accounts falling due to the slowdown in demand from Apple. Just that element gave the final push to Apple, clearing the way to Google.
The last overtaking was last February. In Google that occasion she had left behind after Apple began a comeback this summer. Overtaking is the latest in a series of heads-up began
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