Can Self-Driving Cars Make Google Most Valuable Company in the World

google self driving cars

Today Google will release its fourth-quarter results report. The report is expected to boost the Google stock to surpass Apple, as the most valuable company in the world.

The report will include – for the first time – the results of Google most ambitious projects which include self-driving cars project, Google Fiber and home accessory maker Nest Labs and the secretive “X. Goolge named these projects as “Other Bets”

The “Other Bets” may lose more than $1.5 billion in 2015 according to expectations of 72 percent of investors. “We believe revenues from Other Bets will be fairly immaterial for Alphabet given the early stages of most of these businesses,” Raymond James analysts wrote in a note.

The report will also show if google was successful in targeting ads at a fast-growing number of mobile users which expected to be the main driver of Google’s results. Google recently makes a lot of efforts to drive sales from its mobile and video advertising.

Related: The Future of Google Self-Driving Car with the New California’s Rules

For both (Ads & Other Bets), Google will disclose revenue, operating income, stock-based compensation, capital expenditures, as well as depreciation, amortization, and impairments. In addition to financials, for the fourth quarter, it will provide comparable data for the year-ago period and annual data for 2013, 2014, and 2015.

Analysts on average are expecting Google’s profit to rise to $8.10 per share from $6.88 and revenue to rise 14.7 percent to $20.76 billion.

Alphabet shares closed at $761.35 on Friday, valuing the company at about $517 billion, 4.4 percent shy of Apple’s valuation of about $540 billion.

Related Crash Rates for Self-Driving Cars Is Less than Regular Cars

The report will be released today after markets close will get the answer after markets close. Hopefully it will include all the answers we are looking for.

We will keep you updated on the results.

Update Google Beats Apple to Become the World’s Most Valuable Company