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Google to Dethrone Apple as Most Valuable Company

Google to Dethrone Apple as Most Valuable Company

Google

Alphabet, the parent company of Google is set to take Apple’s crown away for being the most valuable company. The tech company announced outstanding results with a market value roughly $US558 billion with Apple following closely behind at $US534 billion.

The likely overtaking is strongly due to their core advertising business and various projects including self-driving cars and artificial intelligence.

While it technically reflects an indication, when the US market opens tomorrow it will be revealed whether Alphabet will officially claim the lead.


Jess is the lead news editor for Australia Business. When she's not writing and reading about business, she's probably endlessly scrolling through Instagram or downloading apps she may or may not need.

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