Parent company Google - Alphabet, this month managed to overtake Apple as the highest valued public company in the world - more than 550 bln. Dollars. In the long term, however, the Giants may encounter difficulties remain dominant because of increasing competition from China, writes in his analysis Financial Times. If you pay attention to the fall in stock prices over the past few months, the dominance of Google can be maintained, while Apple's shares sink. Analysts are more pessimistic about the growth potential of the manufacturer of the iPhone in markets that are close to its saturation. Apple has one-seventh of the global smartphone market, ranking only after Samsung. Two-thirds of Apple's sales take place outside the US, and in these markets the iPhone faces significant competition from cheaper brands. On the next places in the ranking of the largest manufacturers of smartphones in the world rank names from China - Huawei, Xiaomi and Lenovo. The global market share to Samsung shrank by one-third to one-fifth in just three years, while Chinese competitors gained strength.