The bitter rivalry between Google and Apple has always been a long-standing grudge match, only to be enhanced by the fact that Google has now overtaken Apple as the world's most valuable tech firm, a report suggests.

Google v Apple

The search engine giant is claimed to have an enterprise value of $241 billion, as opposed to Apple's $233 billion. Only a minor difference of $8 billion, then.

However Google's net cash total lies around $45 billion compared to Apple's staggering $145 billion. This market capitalisation is what gives Apple it's resounding presence in the economy, despite Google being crowned more valuable when the bank balances are removed.

SEE ALSO: Google's Stunning Tokyo Offices

Apple has also surrendered its title of world's biggest company by market capitalisation to oil giant Exxon Mobil.

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