NEW YORK: Alphabet could soon become the most valuable company in the world. The Google powerhouse traded on the morning of Jan 22 with an equity value above US$500bil (RM2.14tril), less than 10% shy of the iPhone maker's.
Investors value the search firm's earnings from rapidly growing digital advertising more than twice as highly as Apple's in a saturating smartphone market. Wall Street, however, may be overlooking Alphabet's risks.
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