Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies of consumers to shop via mobile devices and other computers. Maybe. Maybe not. The second quarter of 2018 was kind...
Forget Apple and its $1 trillion market capitalization. The way MKM Partners sees it, Amazon.com could hit $2.5 trillion in market cap by 2024. According to a report in CNBC, citing MKM Analyst Rob Sanderson, thanks to the company’s profitable cloud computing unit, Amazon Web...
Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. Even so, Apple could potentially pull off an upset. The tech company’s stock rose up to 4 percent following better-than-expected revenue projections for the fourth quarter,...
Apple needs to watch its back: Amazon might just beat the world’s most valuable publicly listed company to the $1 trillion mark. While Reuters reports that Apple’s market capitalization has reached $893 billion – $141 billion more than the $752 billion market value of Amazon...
September 04, 2018
It’s official. Amazon has set a record as the second U.S. company to surpass $1 trillion in market capitalization — Apple hit that milestone a few weeks ago on the heels of a strong quarter. The milestone was brief, with shares falling back down under that threshold. According to a report in CNBC, with shares […]
August 28, 2018
Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies of consumers to shop via...
August 23, 2018
Forget Apple and its $1 trillion market capitalization. The way MKM Partners sees it, Amazon.com could hit $2.5 trillion in market cap by 2024. According to a report in CNBC,...
August 01, 2018
Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. Even so, Apple could potentially pull off an upset. The tech...
