Google's parent company Alphabet reaches $ 1 trillion in market capitalization

by Kai Wenzel

Alphabet, Google's parent company, has become the fourth US company to reach a market capitalization of $ 1 trillion (about 110 trillion yen). It arrived just before the market closed on January 16, 2020, trading at $ 1451.70 per share (about 160,000 yen).

Google parent Alphabet is now a $ 1 trillion company-The Verge

In the first place, Alphabet was born as a parent company of Google in August 2015. Alphabet was born to reorganize and reorganize all the services and departments handled by Google, which continued to expand at that time. Google's stock price when Alphabet's birth was reported was about $ 633 per share (about 70,000 yen).

A giant company Alphabet that brings Google under its umbrella is born-gigazine

However, in December 2019, Larry Page, founder of Google and CEO of Alphabet, and Sergey Brin, president, both announced their retirement. Alphabet CEO will be replaced by Thunder Pichai.

Google founder resigns as CEO and president of parent company Alphabet, successor is Mr. Thunder Pichai-gigazine

by Joi Ito

Despite restructuring and the retirement of distinguished employees, Alphabet has grown steadily and has finally reached $ 1 trillion in market capitalization. Such Alphabet is scheduled to report earnings for the fourth quarter of 2019 on February 3, 2020, and Wall Street Journal analysts forecast that sales were $ 46.9 billion, up 20% from the previous year. You.

Alphabet is the fourth US company to reach a market capitalization of $ 1 trillion. Apple first reached $ 1 trillion in August 2018.

Apple's market capitalization exceeds 110 trillion yen, becoming the first $ 1 trillion company-gigazine

by Karl Baron

About a month later, Amazon reached $ 1 trillion in market capitalization.

How did Amazon, which has exceeded $ 1 trillion in market capitalization, grow into a huge company? -GIGAZINE

by Robert Scoble

Microsoft gradually increased its market capitalization to become a $ 1 trillion company in April 2019.

Microsoft is the third US company with a market capitalization of over $ 1 trillion (Photo: Reuters): Nihon Keizai Shimbun

The world's first market capitalization of $ 1 trillion was reached by the 2007 Chinese oil company, China Petroleum Natural Gas . In addition, Saudi Aramco , Saudi Arabia's state-owned oil company, reached a market capitalization of $ 2 trillion in December 2019.

News site The Verge names Facebook as 'the next company to reach $ 1 trillion in market capitalization.' Its market capitalization is about 620 billion dollars (about 68 trillion yen) as of January 16, 2020 closing price conversion.

in Note, Posted by logu_ii