Amazon joins Apple in the $1 trillion valuation club

Amazon joins Apple in the $1 trillion valuation club

6 years ago
Anonymous $oIHRkISgaL

https://www.techradar.com/news/amazon-joins-apple-in-the-dollar1-trillion-valuation-club

Not one to be left out, online retail megalith Amazon is now worth $1 trillion total market value, crossing the threshold during early afternoon on September 4. Amazon has achieved the milestone just weeks following Apple’s $1 trillion valuation.

We’d say that this valuation has been a long time coming, but Amazon was worth just $580 billion in comparison as of early 2018, according to CNN. Why the massive surge in valuation, then?