Business Google's Alphabet Overtakes Apple as World’s most Valuable Company

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Google's parent company, Alphabet, has surpassed Apple as the world's most valuable company after its latest earnings report.

The company announced that it made a profit of $4.9bn (£3.4bn) for the fourth quarter, an increase from $4.7bn a year ago. The announcement gave its stocks a 9% boost.

That means that Alphabet is now worth around $568bn, compared with Apple, which has a value of $535bn.
 

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