Moneycontrol
Last Updated : Sep 11, 2018 04:00 PM IST | Source: Moneycontrol.com

Trillion dollar club: These companies may soon join Apple and Amazon on elite list

Amazon’s valuation breached the $1 trillion mark recently, making it only the second company after Apple to attain the milestone. Two’s company, three’s a crowd. However, the trailing pack thinks otherwise. Here are five companies in line to join the leading duo at the top of the pecking order.

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Microsoft | $830 billion | One of the world's oldest and best-known technology companies had another blockbuster quarter, recording revenue of $30.1 billion, a 17 percent increase from the year-ago period. Consolidation of the company’s cloud business could deliver steady revenue and growth over time, making it the analysts’ favourite to surpass the $1-trillion mark by the end of the year. (Image: Reuters)
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Microsoft | $830 billion | One of the world's oldest and best-known technology companies had another blockbuster quarter, recording revenue of $30.1 billion, a 17 percent increase from the year-ago period. Consolidation of the company’s cloud business could deliver steady revenue and growth over time, making it the analysts’ favourite to surpass the $1-trillion mark by the end of the year. (Image: Reuters)

Alphabet Inc | $815 billion | Google’s parent company clocked $32.7 billion in revenue, a 26 percent increase over the second quarter of 2017. Currently, the company needs an increase of 13.7 percent in its market cap to reach the four comma mark. (Image: Reuters)
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Alphabet Inc | $815 billion | Google’s parent company clocked $32.7 billion in revenue, a 26 percent increase over the second quarter of 2017. Currently, the company needs an increase of 13.7 percent in its market cap to reach the four comma mark. (Image: Reuters)

Berkshire Hathaway | $494 billion | The company with a larger-than-life CEO in his late-80s, is right behind Google and Microsoft to reach the trillion-dollar mark. Analysts are of the opinion that with net earnings per share almost tripling from $4.3 billion to $12.0 billion in Q2, Berkshire will grow at a faster clip when compared to peers, in this financial year. It needs a 93 percent increase in market cap to join the trillion-dollar club. (Image: Reuters)
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Berkshire Hathaway | $494 billion | The company with a larger-than-life CEO in his late-80s, is right behind Google and Microsoft to reach the trillion-dollar mark. Analysts are of the opinion that with net earnings per share almost tripling from $4.3 billion to $12.0 billion in Q2, Berkshire will grow at a faster clip when compared to peers, in this financial year. It needs a 93 percent increase in market cap to join the trillion-dollar club. (Image: Reuters)

Facebook | $510 billion | The Mark Zuckerberg-led company has had a lean year, having to fend off criticism over the use of its platform for propagating fake news and hate speech. It also admitted to a data breach, undermining the trust of users on the social network. Nearly $120 billion in market capitalization was wiped out in the course of months. It now needs a 97 percent increase in market cap to hit the $1-trillion mark. (Image: Reuters)
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Facebook | $510 billion | The Mark Zuckerberg-led company has had a lean year, having to fend off criticism over the use of its platform for propagating fake news and hate speech. It also admitted to a data breach, undermining the trust of users on the social network. Nearly $120 billion in market capitalization was wiped out in the course of months. It now needs a 97 percent increase in market cap to hit the $1-trillion mark. (Image: Reuters)

Alibaba Group | $503 billion | Since the beginning of the year, the Chinese e-commerce behemoth has fallen off the pace in its bid to reach the trillion-dollar club. Its stock plummeted 18 percent from its intra-year high, with fears of a trade war looming in the distance. Nonetheless, the company is mounting a credible challenge by tailgating American rivals in the race to the four comma mark. (Image: Reuters)
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Alibaba Group | $503 billion | Since the beginning of the year, the Chinese e-commerce behemoth has fallen off the pace in its bid to reach the trillion-dollar club. Its stock plummeted 18 percent from its intra-year high, with fears of a trade war looming in the distance. Nonetheless, the company is mounting a credible challenge by tailgating American rivals in the race to the four comma mark. (Image: Reuters)

First Published on Sep 11, 2018 04:00 pm
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