Alphabet is now the most valuable company in the world.
For Q4 2015, Alphabet beat analyst estimates of 8.10 per Class A share and 20.77 billion on revenue, with $8.67 per share and 21.33 billion in revenue. The news sent the price of Alphabet stock up over 6 percent in after-hours trading, sending Alphabet’s market cap over $550 billion. Apple’s market cap is sitting at $538 billion, which makes Alphabet the most valuable company in the world.