Web
Analytics
The news is by your side.

$1 trillion

Apple is almost a $1 trillion company, but watch out for Amazon

SAN FRANCISCO: Apple is on the verge of becoming the first $1 trillion publicly listed U.S. Company, but even if it gets there, it could soon be overtaken as Amazon.com surges from behind. Started in the garage of co-founder Steve Jobs in 1976, the iPhone maker’s annual revenue has ballooned to $229 billion, greater than the gross domestic product of countries including Portugal and New Zealand. Apple’s market capitalization on Thursday topped a record $934 billion, following its unveiling last week of a $100 billion…