Google is one of the biggest tech giants. Started as a regular search engine, it is now the owner of one of the largest databases and is the most preferred search engine across the globe. But what exactly is the worth of this IT company?
Current Value of Google
Early in 2020, Alphabet joined Apple and Microsoft as the third American software firm to earn a $1 trillion website value; since then, Tesla and Amazon have also joined the club.
Alphabet’s Class C shares, which trade at $2,682.60 as of February 11, give the parent company of Google a market value of $1.7742 trillion. There are shares of GOOGL, Alphabet’s Class A common stock, furthermore with its Class C shares. Both share classes are now trading at rates that are very close.
As of today, (Alphabet) Google’s Net Worth is $1549 billion in May 2022.
How did Google become so valuable?
Solid forecasts for its ad revenue, a string of acquisitions accentuated by YouTube, and an expansion into emerging areas like cloud-based solutions and self-driving vehicles have all contributed to Alphabet’s rise. Sundar Pichai, CEO of Google, was announced as Larry Page’s successor as Alphabet CEO last month.
In the most recent quarter reported, Google’s core advertising income, which made up 84 percent of Alphabet’s total yearly revenues, has consistently driven yearly revenue growth of 20 percent over the preceding 10 years. On February 3, the business releases its fourth-quarter earnings.
According to statistics from Dow Jones Market Data, the Silicon Valley corporation increased its market value from $900 billion to $1 trillion in just 47 trading days.
Google’s worth compared to other software companies
In August 2018, Apple became the first company in the $1 trillion tech sector to join, and since then, its stock has risen 86 percent in 2019. Analysts estimated that Apple’s worth would surpass $2 trillion in 2020. In the first half of 2019, Microsoft came in second.
Despite surpassing $1 trillion in website value and worth in September 2018, Amazon.com Inc. AMZN, +3.58 percent has never completed a trading session over the threshold and has never had a market cap of $1 trillion. The next closest is Facebook Inc. the US: FB, however it still needs improvement: Due in major part to a 51 percent increase in its shares in 2019, it concluded Thursday and reached a milestone market worth of $632.4 billion.
How much is my website worth?
To know the exact value of your website you may want to use a website worth calculator. These are easily available online and determine the domain worth of your website. A simple search of “free website worth checker” will give you a good idea of your blog’s worth. According to the worth of your website, you can either decide to sell your website or buy more websites. You may be wondering how to sell a website and how much value you can sell your website for. This is pretty simple as you just have to register with a site that puts your website up for sale and this will help you sell the website for the best price.
Because of its widespread use, Google appears to qualify as “the search engine” rather than “just a search engine.” The term “Google” has become a verb, and many individuals set it as their default browser page, demonstrating how deeply ingrained it is in society.
Similarly, if you’re a website owner, you must try to make your website accessible and also versatile to increase the blog’s worth.
Frequently Asked Questions
1. Is Google the highest valued software company in the world?
No, Apple is the highest valued company according to Forbes. Google, however, is second on the list.
2. Is Google the same as Alphabet?
Yes, Google was renamed Alphabet in 2015, to represent the parent company, which represents a much larger set of functions and systems that the company supplies to users.