All hail Apple, king of something or other.

Apple now has a higher market valuation than Google. Apple’s went up because of the success of the iPhone (and iPod and iMac), while Google’s went down because of the downturn in online advertising. Blame the economy for that one.

The actual numbers put Apple at $158.8 billion, and Google at $157.2 billion.

One odd sentence from the Guardian: “The iMac and the iPod continue to be firm favourites among laptop computer buyers and music fans.” Since when was the iMac a laptop computer?