Google's parent company, Alphabet, is currently the second most valuable company at $653 billion, followed by Microsoft at $532 billion! Apple is expected to unveil its first $1,000 iPhone in September which could drive its market capitalization to nearly $900 billion. Recently, Apple became the first US Company to top the $800 billion (nearly Rs 53.22 lakh crore) mark in market capitalization, slightly more than two years after it crossed the $700 billion (nearly Rs 46.56 lakh crore) threshold. Currently, Apple is valued around $800 billion, with Google's parent company, Alphabet, the second most valuable company at $653 billion, followed by Microsoft at $532 billion. During the first quarter of 2017, the Apple iPhone 7 was titled as the best-selling smartphone, according to data from Strategy Analytics.

Source: dna May 13, 2017 10:52 UTC