Google Overtakes Apple as Most Valuable Company

As of this morning, Apple is officially no longer the most valuable company in the world. After a positive Q4 earnings report, Alphabet, aka the company formally known as Google, saw its shares soar in early trading on Tuesday, lifting its market capitalization past Apple’s.

As of 10:15 AM EST, Alphabet was valued at $553 billion, eclipsing Apple’s market capitalization by $25 billion. 12 months ago, Google trailed Apple’s valuation by $330 billion. Since then, the search giant’s market cap increased by more than 50 percent while Apple saw its valuation drop by 24 percent.

Apple had first become the world’s most valuable company in 2011, when it surpassed Exxon Mobil, the long-time leader in this category. After several comebacks from Exxon, Apple reclaimed the title in August 2013 and had been on top ever since. Until today.

Description

This chart illustrates Google's rise to become the world's most valuable company.

Download Chart
Alphabet: global annual revenue 2017-2023, by segment
Premium statistics
Global revenue split on the Google Play Store worldwide 2024
Alphabet: number of full-time employees 2007-2023
Apple, Google, and Microsoft: revenue comparison 2008-2024
Google: quarterly revenue 2008-2024
Google: global annual revenue 2002-2023

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information