“Summer is a busy time for the country’s biggest tech giants. This year Apple and Google each rolled out a slew of new products at their respective developers’ conferences, and Amazon and Microsoft continue to buy and integrate more companies under their massive umbrellas,” Rob Marvin writes for PC Magazine. “The moves all feed the same ultimate goal of making these companies more money.”
“The big four are marching toward the next major profitability milestone: the trillion-dollar market capitalization,” Marvin writes.
“According to NASDAQ’s most recent rankings,” Marvin writes, “Apple has lost a bit but still sits over $900 billion in a comfortable lead, Alphabet has crossed the $800 billion mark, and Microsoft now sits around $771 billion following its $7.5 billion deal to buy GitHub. In the home stretch, it’s still Apple’s race to lose.”
Read more in the full article here.
MacDailyNews Take: Soon.
Trillion, schmillion. Over time, Apple will go much higher than that. The company is currently horribly undervalued. – MacDailyNews, March 1, 2018
The next ten years are going to be absolutely amazing for Apple. The company has just started to really get going! — MacDailyNews, August 2, 2017
SEE ALSO:
Apple’s $1 trillion market value is a moving target due to record buybacks – May 29, 2018
Apple made more profit in three months than Amazon has generated during its lifetime – May 11, 2018
Apple: Why stop at $1 trillion? – May 8, 2018
Apple’s march to become the world’s first trillion dollar company – May 8, 2018
Apple vs. Amazon: Who will win race to be world’s first $1 trillion company? – April 2, 2018
Apple is going to be the first trillion-dollar company – March 1, 2018
Bank of America predicts Apple market value to surge to $1.1 trillion – January 17, 2018
Apple leads race to become world’s first trillion-dollar company – January 3, 2018