<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/562936d2bd86ef135c8b8ef7-2800-2100/gettyimages-474978498.jpg" alt="Sundar Pichai Google" data-mce-source="Getty Images" /><p class="source"><span>Getty Images</span></p><p class="caption">Google CEO Sundar Pichai</p></div><p></p></div></div>Alphabet, Google's parent company, is once again the most valuable company in the world, overtaking Apple. </p><p>Apple's market capitalization is down to <a href="http://finance.yahoo.com/q?s=AAPL">$493 billion</a>, while Alphabet's current market cap is <a href="http://finance.yahoo.com/q?s=GOOGL&amp;ql=0">$498 billion</a>, both via Yahoo Finance. </p><p>Apple's stock was down Thursday morning on reports<a href="http://www.businessinsider.com/author/kif-leswing"> of a drop in iPhone chip shipments. </a></p><p>Alphabet had already <a href="http://www.businessinsider.com/google-passes-apple-to-become-most-valuable-company-in-world-2016-2">surpassed Apple briefly earlier this year.</a></p><p> </p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/googles-virtual-reality-paint-brush-2016-5">Google created a virtual reality paint brush lets you walk through your own artwork</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="Rka3VhMzE69f3TA-rx9XanNKxZ1xjYGF" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'Rka3VhMzE69f3TA-rx9XanNKxZ1xjYGF',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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Google-owner Alphabet passes Apple once again to become the most valuable company in the world

Getty ImagesGoogle CEO Sundar PichaiAlphabet, Google's parent company, is once again the most valuable company in the world, overtaking Apple. Apple's market capitalization is down to $493 billion, while Alphabet's current market cap is $498 billion, both via Yahoo Finance. Apple's stock was down Thursday morning on reports of a drop in iPhone chip shipments. Alphabet had already surpassed Apple briefly earlier this year. NOW WATCH: Google created a virtual reality paint brush lets you walk through your own artwork if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'Rka3VhMzE69f3TA-rx9XanNKxZ1xjYGF',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Getty ImagesGoogle CEO Sundar PichaiAlphabet, Google's parent company, is once again the most valuable company in the world, overtaking Apple. Apple's market capitalization is down to $493 billion, while Alphabet's current market cap is $498 billion, both via Yahoo Finance.

Google-owner Alphabet passes Apple once again to become the most valuable company in the world

JILLIAN D'ONFRO

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