Alphabet (Google) becomes the richest company in the world and exceeds Apple


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According to the Financial Times, Alphabet is now the wealthiest company in terms of liquidity in the world since the second quarter of 2019. The parent company of Google relegates Apple to second place even if the Cupertino company has spent a long time on the throne.

Google : An estimated wealth of 117 billion dollars

Google

Since the last quarter of 2017, Alphabet’s cash reserves have increased by $20 billion. This allowed it to dethrone Apple whose wealth is “only” 102 billion, while Alphabet apparently has $117 billion in cash.

This success comes at a difficult time for the company as it faces monopoly sanctions and protests from its employees.

Still, today, even if it dethroned Apple, Alphabet has not yet obtained the title of the “most valuable company in the world “, which is the case of the Cupertino company.

It is worth to mention that Google is preparing to launch the fourth generation of its Pixel smartphones. The Google Pixel 4 and 4 XL has been in the spotlight for several weeks. Google has confirmed some time ago the design of the camera for the new devices. Something that woke up many critics in the social networks and forums like Reddit.

Now the thing is calmer and it seems that the inclusion of more sensors is something that users want from Google. The design of the terminals is clear, although their specifications have not yet been confirmed. we have new reports that allow us to talk about the screens and the RAM memory of these terminals. Both components will improve in this generation.

Source :

cnet

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