Last week, the trillion-dollar market value club was joined by a third U.S. company, Google parent Alphabet Inc. After Amazon, adding the next member, however, is likely to take quite some time.
Apple established the trillion-dollar market cap club, followed (as usual) by perpetual Apple-follower Microsoft. Amazon, currently worth roughly $935 billion, briefly crossed the trillion-dollar threshold in September 2018.
The next closest company is not within $300 billion of the mark, but a handful companies could contend based on their current values.
Social media platform Facebook Inc appears to have the pole position. Its $630 billion market value is about $65 billion more than Berkshire Hathaway Inc, the next richest company in the S&P 500. Soaring stock prices have propelled Visa Inc and rival payments processing company Mastercard Inc up the market cap chart. Both could surpass Facebook in market value three years from now, if all three companies maintained their average annual stock price increases of the past three years.
MacDailyNews Take: Amazon will be next, of course. After that, all bets are off. Facebook could do it, or it could become the next Myspace. Whichever company makes it, it’s going to be awhile.
Need alternate trillion dollar companies
Need better trolls
Exactly. applecynic isn’t even a good troll, he’s just a sad loser
Tesla, before the end of January.
Tesla; by Weds close.
“…followed (as usual) by perpetual Apple-follower Microsoft.”
Typically yes. Perpetually, no. Yes, Microsoft launched its Windows layer over MSDOS by using Macintosh source code Sculley stupidly agreed to license to Microsoft (and Mac source code was still in versions 2.x and 3.x of Windows).
However, Windows 95 was better than System 7 in most regards. The Mac user interface was still significantly better, but in almost all other aspects of those operating systems, Windows 95 was better. Windows 95, and its comparison to System 7, was one of the major reasons Microsoft’s operating system became universally used with some organizations claiming up to a 98% worldwide user base.
The sad part was that Pink was running in rudimentary form in Apple’s labs as far back as 1990. Extremely bad management kept Pink from ever seeing the light of day. Having talked to people that worked on Pink way back then Pink would have made Windows 95 look like Windows 1.0 as compared to the contemporary Mac’s system. IF Apple had shipped a fully functional version of Pink as the real System 8 back in ’93 or ’94 the 1990s would have been very, very different.
VHS beat out Betamax as a standard too. It doesn’t mean VHS was better than Betamax.