Moscow. 2 February. Company Alphabet, which owns Google, became the most expensive in the world after the publication of the report on its profits, reported BBC News.
According to the report, the revenues of the Alphabet for the last quarter of the fiscal year amounted to $4.9 billion. A year ago the comparable figure was $4.7 billion.
With this information, the value of the company’s shares at the auction grew by 9% in a few hours. This means that Alphabet is now worth about $568 billion versus $535 from the former leader of Apple.
The company owns search Google, YouTube, other Internet services and experimental developments such as driverless cars.
Technological conglomerate Alphabet appeared in August of last year when Google decided to transform the structure of their assets.