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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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Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.

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Scott Rasmussen is an editor-at-large for Ballotpedia, the Encyclopedia of American Politics. He is a senior fellow for the study of self-governance at the King’s College in New York. His most recent book, Politics Has Failed: America Will Not, was published by the Sutherland Institute in August 2018.

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