We have spent many months, even years, speculating about the possibility that Apple could become the first company in the world to achieve a stock valuation of more than $ XNUMX billion, but as we have seen, he has not yet achieved it and at the rate he is going, they may be ahead of him.
According to the latest report published by Reuters, Amazon has more ballots than Apple to reach a billion market capitalization figure, a figure that has not yet been achieved by any other company in the world. Here we show you the reasons.
Currently Apple's valuation stands at about $ 893.000 billion, while the value of Jeff Bezos' company reaches $ 752.000 billion. So far everything is correct, but we see that there is a major difference in valuation and the one that is closest to that mythical figure is Apple.
But, if you look at the growth that the same companies have had throughout this last yearWe can see how Apple "only" has grown by 24% in the last twelve months, while Amazon has grown by 87%, which among other things has allowed Jeff Bezzos to become the richest person in the world.
Reuters states that it is a hypothesis, but if the current trend continues with this growth rate, Amazon could exceed a billion market capitalization over the course of the year. last week of august, while Apple would do it a week later, as long as both companies do not suffer a significant drop in their price, but according to most Wall Street analysts, neither of the two companies will be able to continue maintaining that growth rate in the coming months , so this year we will not see which of the two companies reaches the mythical barrier of one billion in market capitalization.
Hello,
Title failure: it is a trillion dollars and not a billion.
In fact, then the correct figure is 893.000 million dollars, therefore when it arrives, it will reach a million million (trillion)
Even if you think I was wrong, I am not. The "billion" in English does not correspond to the "billion" in Spanish. Here they explain it to you. The millions are the same.
https://www.fundeu.es/recomendacion/elbillion-inglesno-equivaleal-billon-espanol-858/
Hello,
I see that you have not understood me. The English trillion of course does not correspond to the Spanish trillion. That is something that everyone knows.
The failure is in the title figure, the current value of apple is around 893.000 million dollars,
In other words, it is close to:
1 billion dollars in Spanish notation or
1 trillion dollars in English notation (in both it is the same 10 × 10 ^ 12, a million million)
but not "one billion" as it says in the title that would be 10 × 10 ^ 9.
Greetings,