January 22, 2020: Three tech companies—Apple, Microsoft, and Google—are now valued at more than a trillion dollars each.[1]
Apple became the first trillion-dollar tech company in August 2018 and last week was valued at $1.38 trillion dollars. At least one analyst believes the company could reach a $2 trillion valuation later this year.[1]
Microsoft’s market valuation topped a trillion dollars early in 2019 and last week was valued at $1.27 trillion.[1]
Google joined the club last Thursday. The stock of its parent company—Alphabet—”has been fueled by strong expectations for its advertising sales, a series of acquisitions highlighted by YouTube, and expansion into fledgling markets such as cloud computing and self-driving cars.”[1]
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