Tuesday, 2 February 2016
The world's most valuable company with the world's most ridiculous name.
The world's most valuable company with the world's most ridiculous name launched in 2015.
Alphabet, the company behind Google/YouTube, has overtaken Apple (which starts the Alphabet, A is for...) as the world's most valuable company at circa 544 Billion usd. Apple a poor second at 534 Billion.
Largely on foot of Alphabet posting Q4 Revenues of over 21 Billion usd, coming mainly from Google.
Mind you, they lost 3.6 Billion on other projects in 2015 which still may come in. Basically, upfront investment in future projects.
Still, it's a great performance for a company to be as valuable as country like Belgium. And it's tax domiciled where?