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Amazon has a market value of $ 1 trillion, from selling books to artificial intelligence techniques

On September 4, 2018, Amazon Inc. became the second US company with a market capitalization of $ 1 trillion. Apple was preceded by Apple on Thursday, August 2, 2018, and Apple is the first American company in history to reach the Trillion Club. The United States lived 242 years without a listed company worth $ 1 trillion, while PetroChina, the Chinese oil giant, was the first global company to surpass the $ 1 trillion mark in 2007 when it started trading on the Shanghai Stock Exchange, but quickly depreciated its market value. 205 billion dollars.



Amazon reaches $ 200 billion in just 3 months:
amazon 1 trillion

Amazon Inc. was able to reach the list of companies worth $ 1 trillion in Tuesday's trading, with Amazon rising to a new record high of $ 2050.27 to reach $ 1 trillion, compared to the number of shares issued by the company, amounting to 487 million and 741 The company's net profit in the second quarter (three months from April to June) rose to a record $ 2.5 billion from $ 197 million Dollars by the same period of 2017, and managed "Amazon" The company has added $ 440 billion this year to its total market capitalization, outperforming all S & P 500 companies except for only five companies. From June to September, the e-commerce giant surpassed the last $ 200 billion in just three months, And their market value jumped from $ 600 billion to $ 700 billion in just 16 days

Amazon stock price 1 trillion

Amazon Web Services' sales surged 49 percent in the fourth quarter. Amazon Web Services is the most profitable unit in Amazon, accounting for 65 percent of total operating profit. Resulting from retail, cloud computing and subscription revenue. And advertising across their sites, where revenues have recently exceeded $ 2 billion, although this number is still relatively small compared to the revenues of the giants of advertising online "Google" and "Facebook."



Competitive rivalry between Apple and Amazon

Amazon had competed with Apple to reach the title of the Trillion for many months, but lost in August when stock markets responded positively to Apple's financial results. Both companies now have a market value of more than a third of the UK economy, larger than the economies of Turkey and Switzerland, The combined value of the two companies can also exceed the value of 25 major US companies.

While Apple has reached the list of companies in the trillion 38 years, while Amazon reached in 21 years only, despite the difference between the two companies as Apple is a company offering smart phones are expensive and have a customer base are ready to pay for these products, while Amazon focuses heavily on electronic commerce, Apart from devices, it also sells apps, has cloud computing, video broadcasts with exclusive TV content. By the end of last year, Amazon had a workforce of 566,000 versus 123,000 people working for Apple, "Amazon" has now reached more than 575 thousand employees.





Analysts expect Apple's revenue to fall by 14.9 percent in the fiscal year to September, according to Thomson Reuters data, a significant increase but still much lower than expected growth in Amazon by 32 percent for 2018, and the stock has risen 74.5 percent since the beginning of the year. , Apple in contrast rose about 35% in 2018.

As for the future of the two companies in the long-term loss, the BBC talked about fears that Apple will not be able to continue to rely heavily on the iPhone, while competition is increasing significantly in the current period, Lots of stops and start over. Apple needs another revolutionary product, new markets for sale. Or that its growth will stop and decline significantly.

"It's a smaller company than Apple, it does not have much presence in many countries, so it has more growth than Apple, which already has a high customer base. With Apple, you're more likely to buy only one product the year. Amazon has much greater potential than Apple.


Analysts said the target price per share was $ 2,450, which meant that Amazon's market value would be $ 1.2 trillion, according to a report by CNN Money. The report forecasts that the average annual profit growth in Amazon over five years The next estimated 46% versus an estimated annual growth of 13% in Apple.




Amazon's journey from selling books to selling artificial intelligence techniques:
Amazon Stores Popping Up Everywhere - Alvexo

Amazon was founded in 1994 by its owner Jeff Bezos as an e-book retailer that expanded to offer many other services, along with tens of millions of products from the Amazon store. Bezos became the richest man in the world in 2018, beating Bill Gates .

Bezos's first shipment was Fluid Concepts & Creative Analogies in July 1995, a year after the company was founded. On May 15, 1997, its shares were valued at $ 1.50 on a split rate basis. By October 2009, it rose to 100 $, And reached $ 1000 per share for the first time in

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