Two companies that can beat Apple on the way to $1 trillion (2)

Amazon.com, Inc. (AMZN)
This is the company with the best chance to beat Apple on the way to a $1 trillion.
First of all, because Amazon's capitalization of $690 billion is not far from the $1,000 billion.
Secondly, Amazon's growth is far ahead of Apple. Company revenue grew by nearly 40 percent, while Apple's revenue rose 13 percent in the past quarter. Amazon's profit rose more than two times in the past quarter on an annual basis, while Apple rose 16%.
In addition, Amazon shares are rising in value much faster than Apple's. Over the past three years, the stock of the retail chain has risen by 300%, against a 40% growth in Apple shares.
Last but not least, Amazon is still in the phase of accelerated growth of its business, at Apple's expense.
Put it another way, if someone goes ahead of Apple on the way to $1 trillion, then it's very likely to be Amazon.

Alphabet Inc (GOOG)
Outside of Amazon, the other company that has a good chance of overtaking Apple's leading position is Alphabet Inc.
Like Amazon, Google is not much farther from Apple in terms of market capitalization. The latter amounts to 720 billion dollars.
And just like Amazon, Google is growing much faster than Apple. Google's revenue growth is 24%, compared to 13% growth for Apple. Google's profit rose 28%, compared to 16% for Apple.

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.

Beware of the technology sector

The investor who ruled the world's largest technology fund during the "technological boom", again warned investors to keep themselves from the technology sector at the moment.
Paul Meeks, managing director of Sloy, Dahl & Holst, predicted that a new turbulence approaching the markets, given the rising asset prices.
Because they are so volatile and high beta, in correction, they will not adjust just by 2%. They will be down 20%, Meeks commented before the CNBC financial magazine at the end of last week.
This does not mean that Meeks abandons technology companies. The investor who holds in his portfolio shares of Apple and other technology companies believes that the sector is strong.
According to him, he has been watching the technology industry for a long time, and he claims that the foundation behind technology companies and compared to the other 10 sectors of the broad index is stronger than ever.
The expert's warning became a reality in celebrating new historical records for the Nasdaq technology company index, which rose by more than 7 percent from its bottom, with the February correction.
Facebook's is the top company in the FANG group according to the expert, as well as chip makers.

Apple exceeded expectations

Yesterday, the world's largest market capitalization company, Apple, outperformed analysts' average expectations. It happened only a day after the iconic smartphone iPhone X began selling in Australia with long queues.
Apple shares rose by 4%.
The company predicted first-quarter earnings of between $84 billion and $87 billion, which was in the upper range of average expectations of $84.18 billion.
Apple's market capitalization is already at about $868 billion, and is confidently moving toward the $1 trillion psychological limit. This would be the first company in history with such capitalization.
There are still many questions about the new X Series smartphone and how it will affect the results.
According to experts, if the company fails to meet the enormous demand for the new smartphone by Christmas, consumers will postpone its purchase for May, and may then focus their funds elsewhere.
Apple announced that it had sold 46.7 million iPones in the fourth quarter ended September 30, or above average experts' expectations of 46.4 million. The average selling price, however, has fallen to 618, compared to the forecast of 638 dollars.
The net profit of the company rose to $10.71 billion, or $2.07 per share, from $9.01 billion, or $1.67 a share a year earlier. This was again above analysts' average expectations for a profit of $1.87 per share.