Monday, 2 July 2018

Battle for $1 trn stock market value intensifies, Amazon closes in on Apple

Apple, iPhone, iPhone manufacturing, Apple Inc

In the battle for the first company to reach and sustain $1 trillion in stock market value, don’t count out a come-from-behind victory. Apple Inc has had a lock on its spot as the world’s most valuable public company by stock value for several years, and we’ve been waiting for it to crest the $1 trillion market cap milestone. 1 The company inched within $50 billion of that mark in early June before its share price retreated a bit. Apple’s trek to $1 trillion has been closely chronicled by news outlets, including this one, and it’s a good bet there are articles and essays prepped for what seems like an inevitable moment for Apple.

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