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Google Or Apple, FactSet Asks “Who’s Bigger”?
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / by Tyler Durden on 02/07/2016 – 18:00
On the first day of this month, Google.. er, Alphabet.. turned in an impressive quarter.
Revenues soared 18% Y/Y while Q4 earnings were $8.67/share, well above the $8.08 the Street was looking for and a whopping $2 more than Q4 2014. Paid clicks rose by more than a third while FCF rose to $4.3 for the period. In short, just about everything looked great with the possible exception of CPC, which dropped 13%.
The stock jumped AH and just like that, Alphabet was the world’s most valuable stock, surpassing Apple. As we noted at the time, this happened on the same day that FaceBook blew past Exxon as the third most valuable stock.
The post Google Or Apple, FactSet Asks “Who’s Bigger”? appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/07/google-or-apple-factset-asks-whos-bigger-2/
