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Amazon Overtakes Microsoft and Apple in Market Value

Accepted submission by takyon at 2019-01-08 00:59:58
Business

Amazon is now the most valuable publicly-traded company by market value [cnbc.com]:

Amazon's ended trading Monday with a market value [cnbc.com] of about $797 billion, compared with Microsoft's $783 billion. Apple, which had been part of a close three-way race [cnbc.com] for the seat, is now down to about $702 billion in market value after plunging last week [cnbc.com] on the news of its weak iPhone sales. Google parent company Alphabet has surpassed Apple with a market value of about $748 billion.

Previously: Microsoft Overtakes Amazon as Second Most Valuable U.S. Company [soylentnews.org]


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