Apple, Google locked in battle for Silicon Valley supremacy

SAN FRANCISCO – At the top of the corporate world, Apple and Google are in a back-and-forth battle to be No. 1. It is not clear which of the two Silicon Valley giants will emerge on top in a contest that highlights the contrast of very different business models. For a brief time early this year, Google parent Alphabet overtook Apple as the world’s largest company by market value. Apple then regained, lost and recovered the leader position in May in a battle that appears set to continue for some time. As of the end of Friday, Apple was worth some $522 billion, to $496 billion for Alphabet. The two companies have both been hugely profitable in recent years, for different reasons. Apple has delivered a line of must-have iPhones…


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