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The Race to the Trillion-Dollar Market Cap

Right now, Apple is in the pole position with over 900 billion, while Amazon, Alphabet, and Microsoft duke it out for next runner-up. But as the tech giants jockey for position in a fluctuating market, things could still shift.

June 26, 2018
The Why Axis Trillion Dollar Market Cap

Summer is a busy time for the country's biggest tech giants. This year Apple and Google each rolled out a slew of new products at their respective developers' conferences, and Amazon and Microsoft continue to buy and integrate more companies under their massive umbrellas. The moves all feed the same ultimate goal of making these companies more money.

The Why Axis Bug The big four are marching toward the next major profitability milestone: the trillion-dollar market capitalization. Statista aggregated data from Wolfram'Alpha Knowledgebase, Xignite, and Morningstar to chart how close Apple, Alphabet, Amazon, and Microsoft are to reaching the capitalist Holy Grail.

As of May 29, Apple is the clear frontrunner as the only company with a market cap of over $900 billion. Amazon is in a distant second with $782 billion, as it continues to integrate acquisitions such as Whole Foods; Alphabet and Microsoft aren't far behind with each hovering around the $750 billion mark.

According to NASDAQ's most recent rankings, though, Apple has lost a bit but still sits over $900 billion in a comfortable lead, Alphabet has crossed the $800 billion mark, and Microsoft now sits around $771 billion following its $7.5 billion deal to buy GitHub. In the home stretch, it's still Apple's race to lose.

Apple's WWDC 2018 Keynote in 60 Seconds
PCMag Logo Apple's WWDC 2018 Keynote in 60 Seconds

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About Rob Marvin

Associate Features Editor

Rob Marvin is PCMag's Associate Features Editor. He writes features, news, and trend stories on all manner of emerging technologies. Beats include: startups, business and venture capital, blockchain and cryptocurrencies, AI, augmented and virtual reality, IoT and automation, legal cannabis tech, social media, streaming, security, mobile commerce, M&A, and entertainment. Rob was previously Assistant Editor and Associate Editor in PCMag's Business section. Prior to that, he served as an editor at SD Times. He graduated from Syracuse University's S.I. Newhouse School of Public Communications. You can also find his business and tech coverage on Entrepreneur and Fox Business. Rob is also an unabashed nerd who does occasional entertainment writing for Geek.com on movies, TV, and culture. Once a year you can find him on a couch with friends marathoning The Lord of the Rings trilogy--extended editions. Follow Rob on Twitter at @rjmarvin1.

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