Christoph Dernbach/picture alliance via Getty ImagesAnother tech behemoth has joined the $1 trillion club, with the stock market value of Google parent Alphabet surpassing the milestone for the first time on Thursday, making it the fourth big tech company to do so.
Google’s market value currently sits at $1 trillion, and could go higher as Wall Street bets that the company will report another quarter of strong advertising sales when it announces earnings on February 3. Google’s sales are largely still growing by as fast as they did ten years ago: The tech giant still reports revenue growth of around 20%, despite its $160 billion in sales amounting toover the last decade has been due to the strength of its core advertising business, key value acquisitions like YouTube and expansion into other fast-growing areas—such as cloud computing and its “moonshot” projects, like self-driving car division Waymo.to surpass a $1 trillion market cap in August 2018.
skleb1234 👍
skleb1234 Is this in spite of the new leadership, or because of it? Or is there simply no correlation?
skleb1234 And Larry Page who invented Google is only 46 years old.
skleb1234 The name for '$1 trillion' is '$1 billion' here in Denmark.
skleb1234 Dies this include the massive amount of prime real estate they’ve been acquiring?
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