Apple is about to become the first publicly traded US company with a volume of one trillion US dollars. But even if it got there, Amazon could soon be overtaken.
Began in the garage of co-founder Steve Jobs In 1976, the iPhone manufacturer's annual revenue increased to $ 229 billion, more than the gross domestic product of countries such as Portugal and New Zealand. [Http://en.wikipedia.org/wiki/Price_Market] [http://en.wikipedia.org/wiki/Price_Market] [http://en.wikipedia.org/wiki/Price_Price_Payments] [http://en.wikipedia.org/wiki/Price_Market] [http://en.wikipedia.org/wiki/Price_Payments] [http://en.wikipedia.org/wiki/Price_Payments] [http://en.wikipedia.org/wiki/Price_Payments] [http://en.wikipedia.org/wiki/Price_Payments] [http://www.publications.com/]
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Facing Apple A 31% increase in service revenue, including music streaming and online storage, led CFRA analyst Angelo Zino on Wednesday to raise his price target for the stock from $ 195 to $ 210, putting Apple's market capitalization at $ 1.03 trillion. Mr. Zino joins at least 12 other analysts with price targets that set the market value of Apple at 13.
But Apple is in danger of being hit by Amazon.com, the second, to hit the 1 trillion mark – or soon to pass by. The largest publicly traded US company worth $ 780 billion
The Saudi Arabian authorities have now expected a planned international IPO by Saudi Aramco, which would reward the national oil producer with about $ 2 trillion
$ 148 billion less than Apple on Friday, Amazon has recently its share price and its Sales expanded much faster than Apple. Amazon's stock is hot-rolling and has recently been trading at over 100x expected earnings, compared to more profitable – but slower growing – Apple's 15x profit rating.
Apple's share rose 24% last year, fueled by optimism for the company's iPhone X, the company's latest smartphone. But the demand for the $ 1,000 device has bolstered investors, and the bulls are now focusing on Apple's plan to return more money to shareholders.
By comparison, Amazon's Stock Holdings Reached 70% Over the past 12 months, revenue growth has increased by 31% as more online shopping takes place and companies are losing their IT Deploy departments to the cloud where Amazon Web Services leads the market. Amazon also competes more with Apple and the Google owner Alphabet because it sells music and video content, its Fire TV set and its Alexa smart home gadget.
With $ 765 billion, Alphabet has the third largest market capitalization on Wall Street just behind it at $ 749 billion. Both flowed past Amazon in February.
The five largest US listed companies today account for 15% of the $ 24 trillion market capitalization of the S & P 500.
Certainly, Earlier Gains Are Not a Reliable Predictor The increase in Apple and Amazon shares in recent years has been extraordinary for most standards.
But if Apple's stock continued to grow at the pace of last year, the company's market capitalization would reach $ 1 trillion in September. Amazon would reach about $ 1 trillion in October if its share price rose at the same pace as last year, soon overtaking Apple.
Microsoft would continue its own one-year performances and not reach one trillion dollars by early 2019 and Alphabet would last until 2020.
Most Wall Street analysts are less optimistic. According to Thomson Reuters data, the average target of Apple shares is 6% above the current level of $ 200 over the next 12 months, which, according to Thomson Reuters data, results in a market capitalization of $ 983 billion.
Analyst's average price target for Amazon is $ 1,850, a premium of 15% over the current price, which equates to a market value of $ 898 billion. Analysts are looking to increase Microsoft's revenue by 12% to $ 845 billion and increase Alphabet's market value by 16% to $ 884 billion.