Meet the Most Profitable Company in America (It’s Not Apple or Microsoft)

Apple (NASDAQ:AAPL | AAPL Price Prediction) and Microsoft (NASDAQ:MSFT) are two of the largest companies, but it’s actually Google’s parent company, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), that has recently emerged as the most profitable company. Both companies have high profit margins, but Alphabet has more growth opportunities that can translate into rapid margin expansion. Here’s how Alphabet recently became the most profitable company. 

Artificial Intelligence Has Become A Major Growth Engine

Alphabet has capitalized on the AI boom by enhancing its search engine results and online ad placements, but that’s far from the only way Google’s parent company used this technology to surpass Apple’s profits. While search and online ads are still important, Google Cloud has emerged as a substantial catalyst.

Google Cloud acts as the digital foundation for many businesses, especially enterprises that want…