Alphabet, in case you are wondering who the heck are they is the parent company of Google. It was created just in 2015 to be the parent company of Google and several other companies previously owned by or tied to Google. Such companies as Calico, Fiber, Nest, Google Ventures, Verily, Google capital, Google*.

On Monday February 1st 2016 after hours, there was the initial indication that Alphabet’s market capitalization would be $570 billion, $35 billion above Apple’s current market cap. Thus making it the most valuable company publicly traded in the world.

According to CNBC, Apple’s main problem is its reliance on the iPhone. iPhone currently accounts for two-thirds of her revenue. Despite the size of the iPhone business, growth has been flat in the last one year, while the iPad and Mac have seen drop in sales over the same period.

However this is not the first time Google will leapfrog Apple in the ranking of the most valuable companies in the world, though the last time was in 2010.

http://lightednation.com/2016/02/alphabet-overtakes-apple-as-the-most-valuable-company/

Google all the way