Mr. Zino joins at least 12 other analysts with price targets putting Apple’s stock market value at 13 digits. While $148 billion smaller than Apple on Friday, Amazon of late has expanded its stock price, and its sales, much more quickly than Apple. Including Facebook, the five largest listed U.S. companies now account for 15% of the S&P 500’s $24 trillion market capitalisation. Amazon would reach $1 trillion around October if its stock price continued to rise at the same rate as the past year, and overtake Apple soon after. Analysts target Microsoft to rise 12% to reach $845 billion, and for Alphabet’s market value to increase 16% to $884 billion.

Source: The Hindu May 12, 2018 15:56 UTC