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Wall Street, Apple risks overtaking Alphabet

As already happened in February, Apple risks being overtaken by Alphabet: the company headed by Google in fact capitalizes 492,4 billion, only 300 million less than the 492,2 billion of Apple, affected by the drop in sales of the i Phone.

Wall Street, Apple risks overtaking Alphabet

In the last Wall Street session, Apple lost 2,35%, to 90,32 dollars (-32% in one year), the lowest since June 2014. As already happened in February, the Apple risks being overtaken by of Alphabet: the company that controls Google, practically unchanged, in fact capitalizes 492,4 billion, only 300 million less than the 492,2 billion of the Cupertino house, affected by the drop in sales of the iPhone. In fact, there was an overtaking during the negotiations, but it only lasted a few hours.

However, the black period of Apple continues. After the disappointing quarterly, which recorded the first drop in revenues for 13 years and the surprise decline of the iPhone, Carl Icahn took an about-face, selling all his shares in the Apple company, 45,8 million shares for a value of 4,8 billion. Today is the day of the burning loss of a record that was considered a flagship.

The last overtaking of Alphabet against Apple took place on February 2, after the publication of the accounts for the fourth quarter of 2015. For the first time, however, we have to go far back in time: it was February 2010, when both the behemoths were worth less than $200 billion, less than half today. In 2012, however, Apple managed to impose absolute domination, going from 180 billion to 650 billion and detaching its opponents by 400 billion dollars.

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