It’s been six years since Google has managed to surpass Apple as the most valuable company in the world. Alphabet, Google’s parent company, is now worth around US$570 billion, compared to Apple’s $538 billion value. Apple has held the top spot since 2013 after overtaking Exxon Mobile. But thanks to strong earnings report, Alphabet takes the top spot. Google has brought in a total of $74.5 billion in revenue and a total income of $23 billion for 2015.
Apple had its biggest quarter this Q1 of 2016 as the company has made $18.48 billion in profit, which is the most a company has made in a single quarter. But that isn’t enough to satisfy its investors apparently as iPhone sales are expected to drop for the first time in the second quarter of the year.
Source: Cult of Android