Apple is leading the race to $1 trillion - News Summed Up

Apple is leading the race to $1 trillion


The stock only needs to go up another 10% for Apple to top $1 trillion. But even if Apple gets to the trillion dollar mark first, it may soon have company. In fact, GBH Insights analyst Daniel Ives wrote in a report Monday that he thinks Amazon could get to a trillion dollar valuation within 12 to 18 months. There's also the possibility that none of these tech companies will be the first to top the magical trillion dollar level. That's because oil giant Saudi Aramco is hoping to go public sometime this year -- and it is expected to be valued somewhere between $1.5 trillion and $2 trillion.


Source: CNN February 27, 2018 18:00 UTC



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