By 2 February 2016 | Categories: news


Apple's reign as the most valuable company in the world has ended, with Alphabet (Google's parent company) usurping the Cupertino-based tech manufacturer. Alphabet recently released its quarterly earnings, which saw a rise in the company's stock prices. The subsequent result led Alphabet's market cap to hit $570 billion, which places it above Apple's $539 billion mark. 

While this most recent development will undoubtedly delight Alphabet's shareholders, The Verge was quick to point out that their ability to remain on top is no foregone conclusion, as stock prices fluctuate heavily during quarterly results season. 

Nevertheless, this is an important milestone for the Alphabet, as the last time Google usurped Apple as the world's most valuable company was back in 2010.


Magazine Online is South Africa's leading magazine for tech product reviews, tech news, videos, tech specs and gadgets.
Start reading now >
Download latest issue

Have Your Say

What new tech or developments are you most anticipating this year?
New smartphone announcements (10 votes)
Technological breakthroughs (13 votes)
Launch of new consoles, or notebooks (9 votes)
Innovative Artificial Intelligence solutions (8 votes)
Biotechnology or medical advancements (15 votes)
Better business applications (6 votes)