Text size

Shares of Alphabet (GOOGL) have just surpassed those of Apple (AAPL) in market cap, at $507.3 billion for Alphabet versus $501.4 billion for Apple.

That is based on a recent share price for Alphabet of $725.78, multiplied by the 699 million shares outstanding at the end of the company’s reported Q1, compared to a price of $90.50 for Apple multiplied by the 5.54 billion shares outstanding at the end of Apple's reported Q2.