Google stopped being the Google we all knew last year when it formed a new umbrella parent company called Alphabet. Now, following first quarterly earnings call for Alphabet, the company's market capitalization (a measure of value based on the price of outstanding shares) has topped that of Apple. That means by one measure, Alphabet is the most valuable company on the planet.
Alphabet beat expectations with revenue of $17.3 billion and $8.67 earnings per share.
Read MoreGoogle Parent Company Alphabet Is, For The Moment, The Most Valuable Company On Earth was written by the awesome team at Android Police.
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