In This Article:
A flashback of this year’s peaks
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The race continues between Microsoft and Alphabet, as Apple and Amazon have already reached the Trillion Dollar market capitalization. The four magnets have been competing since the beginning of the year in an attempt to overthrow one another at becoming one of world’s Trillion Dollar Company. Could there be a third Trillion Dollar Company in the close future? Let’s look at the facts.
At the half of May, Apple had quite a large advantage of about $140 billion in from of the remaining three companies. The race was tight for the second runner up between Alphabet, Amazon, and Microsoft with only a couple of tens of billions between them. In fact, the 2nd of August, Apple became the first ever company in the world to reach a market value of over $1 Trillion. Shortly after, Amazon managed to get a great head start and just a month later became the world’s second Trillion Dollar Company. Before we can debate which might be the world’s next Trillion Dollar Company, let’s get an overview of Amazon’s financial year so far.
The second Trillion Dollar baby, Amazon was closer to the next runners up – Microsoft and Alphabet – than to Apple, managed to cover $100 billion – more than 10% of its value – in just a month. From heavy drone delivery concept to proprietary package delivery, all the way to the insertion in the food industry, 2018 seems to have been a really good year for Amazon.
The company scored a trifecta this year by having:
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doubled in share value by Q3,
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surpassed the $2,000 psychological barrier,
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reached the Trillion Dollar market capitalization.
The chart below illustrates some of the most important events that influenced its shares this year.
We’d be tempted to say that it couldn’t get any better, but there is more to it than meets the eye, and analysts are already making great forecasts for Amazon’s upcoming months.
The chase for bronze
Microsoft’s current market cap is of $856.61 billion and counting, down from the peak of $861.37 billion. The company has dedicated this year to innovation, foraying the world of blockchain technology, acquiring Artificial Intelligence start-up – Bonsai, all the way to investing in GitHub – a leading software development platform. Following the chart below we can see how it stands so far, compared to its main challenger Alphabet.
On the other hand, Alphabet’s market value reached $815.05 billion, down from $869 billion. Based on the chart from above we might say that it followed Microsoft’s trend. However, Alphabet focused this year on diversity by investing in experimental fields like mobile payments, artificial intelligence, and Waymo – self driving car company.