Alphabet, Google's parent company becomes the world's most cash-rich company defeating Apple

02:00:00 PM, Friday 2nd of August 2019 | in business

Google's parent company Alphabet has become the world's most cash-rich company defeating Apple, with $117 billion in Q2 of 2019 as compared to $102 billion held by Apple. But the presence of liquid money could drive pressure from the firm's stockholders who might want the brand to share this in the form of dividend with them. It could also hint the regulators who are on the lookout for Google's success.