Create a free Manufacturing.net account to continue

Apple Leads the Race to $1 Trillion

For the first time in three years Microsoft surpassed Google’s parent company Alphabet in market capitalization on Tuesday.

For the first time in three years Microsoft surpassed Google’s parent company Alphabet in market capitalization on Tuesday. At market close, Microsoft’s market cap stood at $753 billion compared to Alphabet’s $742 billion. While both companies’ share prices declined on Tuesday amid fears about Italy’s political and debt crisis, Alphabet’s shares took a larger hit, enabling Microsoft to become the third most valuable company in the world once again. 

The first two spots are taken by Amazon and Apple, with the latter a clear frontrunner in the unofficial race to become the first trillion-dollar company. As our chart illustrates, Apple has been in the lead for a while even though its stock price has seen the strongest ups and downs over the past decade. Amazon meanwhile has been on a remarkable run for years which led to its market capitalization ballooning from $34 billion in May 2009 to $783 billion today.

You will find more infographics at Statista
More in Industry 4.0