Apple, Google locked in battle for Silicon Valley supremacy The Japan Times

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. 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 and other gadgets that have set trends around the world but now "appears to be a little bit immobile," says Roger Kay, analyst at Endpoint Technologies Associates.