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Saturday 7 April 2018

Two companies that can beat Apple on the way to $1 trillion (1)

After reaching a bottom of below 700 points in 2009, the blue chip index S & P 500 rose almost four times to a level of 2,600 points. This is a serious growth, leading the capitalization of many companies, such as Apple, to record values.
Historically, since 1990, five different US companies have reached and passed the psychological limit of $500 billion in market capitalization, but have not been able to last long enough to stay above that level.
Currently, five different companies have a market capitalization of over $500 billion and one of them is Apple. And while many investors and analysts are betting that Apple will be the first company to reach the covenant boundary, here are the main competitors of the iPhone manufacturer to reach that value.
Of course, it should be borne in mind that Apple's chances are still the highest, given the market capitalization of the company at $860 billion.


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