Overtaking Alphabet (Google) – BBC

Digital

Milan , February 1, 2016 – 23:26

In Future will tell you important dates in the history of Google accounts are two: 19 August 2004, when the company quoto to $ 85 per share in the collective enthusiasm unveiling the first budget (yesterday the shares closed at 770.7 ). And on Feb. 1, 2016, that is to say yesterday: the first era Alphabet, as has now been renamed the group. The reason is simple: the company has also become a verb thanks to the search engine is a machine profits billionaires was known and it was confirmed yesterday. Net income for the Alphabet in the fourth quarter was 4.92 billion dollars. The advertising revenues rose to 19.08 billion (21.33 billion in total, 17.8% more than the same period last year).

The car that drives itself

But what was not known and that the market has long been wondered how many billions were burned with those in Mountain View are baptized other beats , another bet. Simply put: cars that drive themselves (Google Car: probably one of the greatest revolutions of the product of the century), glasses with which we talk hypnotically walking (Google Glass: surely one of the biggest flop in history), smart thermostats paid $ 3.2 billion just two years ago (Nest), venture capital funds. There’s a whole world to discover for fans of innovation and, above all, analysts.

Amazon and Netflix

The change in the chief Alphabet executive officer and co-founder Larry Page decided to open the windows in the closed box in which everything flowed, going back to 2013 to provide also a historical photograph of what is brewing. In recent years, other companies such as Amazon and Netflix have done the same thing and received an award in terms of purchases and enhancement. Amazon particularly surprised with the profits of a business that analysts said was a dead end, that of the cloud .

Innovation border

The move has prompted Google to overtake Apple as the most capitalized company in the world in the wake of yesterday first accounts Alphabet touched 533 billion compared to 532.7 Apple. It never happened. Yet now shareholders will also have the power to “protest” if Google were to continue throwing billions in the Black Hole of innovation frontier.

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1 February 2016 (edited February 2 2016 | 7:13)

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