Just a few hours ago, Apple was worth almost 2,310 billion US dollars. This is a striking figure, because it was then a higher amount than the capitalizations of Meta, Amazon and Google combined. However, by 2021, Facebook’s parent company had reached nearly $1 trillion in value on Wall Street, but virtual reality announcements were poorly received by the press and investors.
Alphabet, for its part, has lost nearly half the value of its non-voting securities since January. The firm has since launched the new Pixel 7 and Pixel 7 Pro, direct competitors of the iPhone 14 Pro and iPhone 14 Pro Max with an excellent photo sensor on the back.
Amazon, fifth most listed company of the moment
With now a whole range of Echo smart speakers soon compatible with the Matter standard, Amazon is not left out. Jeff Bezos’ firm, now run by Andy Jassy, is worth around $910 billion at the time of writing these lines. Several of its services are available on the App Store, including of course its online store but also Prime Video (movies and series), Music (streaming), Photos and Alexa. The voice assistant, owner, sometimes offers more convincing results than Siri, the one installed automatically on all iPhones and iPads.
It’s hard to know what the future will bring, but for Amazon it’s above all AWS which generates profit, to the tune of 5.7 billion dollars in the third fiscal quarter of 2022. For 33% growth and 19.7 billion dollars in turnover, against net losses for the retail division .
See you in three months
At the end of January 2023, it will be Apple’s turn to reveal its statistics for the period from the beginning of October to the end of December. Unsurprisingly, we should discover an unparalleled record there, with perhaps more than 120 billion dollars in turnover. The iPhones, as always, are today the most popular products of the Apple firm, far ahead of wearables and Mac computers.
By: Keleops AG