It's a good day to be an owner of Google stock. The price of Google shares continues to rise and has reached a new all-time high. The previous all-time high was $774.38, which was set during October of last year. The current stock price is at $775.60 in after-hours trading.

Apple's stock, meanwhile, is at $453.62. The difference in performance shows how Google's Android is making gains against iOS, along with a more bullish outlook for Google after the company released better-than-expected results for the fourth quarter.

Apple still leads the charge in terms of market capitalization, though that could change if current trends continue the way they have been. Apple currently has a market cap of around $425 billion, with Google only have $255 billion.