Google’s parent company Alphabet has overtaken Apple to become the most cash-rich company in the world.
The Financial Times reports that as of the second quarter of this year, Alphabet holds $117 billion in liquid reserves, compared to $102 billion, net of debt, for Apple.
Why is Apple worth more than Google?
So Apple has more money (cash), makes more money (earnings), grows faster (earnings growth), and is more efficient (operating margin) than Google. Apple makes over 3x more money than Google. However, Apple’s market cap is only 2x more.
Is Apple or Amazon worth more?
Amazon beats Apple and Google to become the world’s most valuable brand. Amazon has overtaken Google and Apple to become the world’s most valuable brand at $315.5 billion. Google is in third place, at $309 billion.
Is Google worth a trillion dollars?
Google Reaches $1 Trillion in Value, Even as It Faces New Tests. The internet search giant became the fourth tech company — after Apple, Amazon and Microsoft — to reach the market milestone. SAN FRANCISCO — Numbers have long held a special significance at Google. On Thursday, Google hit another eye-popping number.