Apple can earn mey faster than the government can print, but institutial investors believe that Amaz will be the first company to achieve a multibilli dollar market capitalizati. That’s what a survey de by CNBC at the Delivering Alpha cference. CNBC said,
Nearly 70% of those surveyed said that Amaz will first hit the $ 1 trilli mark, followed by Apple and Alphabet. Currently, Amaz has a market capitalizati of $ 888 billi against $ 949 billi of Apple and $ 870 billi of Alphabet at the close of Tuesday, according to FactSet. Nearly 100 investors were interviewed at the cference.
Investors believe that Amaz will grow faster than Apple, and both companies are in a strger growth positi than Google’s parent company, Alphabet. It is interesting to see how investors are always questiing the growth potential of Apple.