Alphabet holding company, which owns Google – for the first time reached a market capitalization of $ 1 trillion, according to Bloomberg. He managed three other IT companies – Apple, Microsoft and Amazon.
the Trillion mark cost of the owner of the world’s largest search engine of YouTube and the most popular mobile platform made up at the end of trading on Thursday. The company’s shares rose on the day by 0.87% to a level of 1451,7 dollar per share.
In December, the Alphabet changed direction: Google founders Larry page and Sergey Brin finally retired and headed Alphabet Sundar Pichai, the last years led Google. Year for the company was not easy – the business was not a problem, they escalated in PR. Top managers of the company accused of sexual harassment, and staff have staged thousands of demonstrations, protesting against this, and more – from working with the Pentagon to plans to create a censored search engine for the Chinese market.
3 favela Alphabet should share financial results for the fourth quarter of 2019 and the year as a whole. According to analysts, quarterly revenues will amount to 46.9 billion dollars, demonstrating year-on-year 20% growth.
Text: To.Hi-tech