It is now estimated that Apple is worth more than Amazon, Alphabet, and Meta combined 

by | Nov 3, 2022 | Business News, Latest, Tech News | 0 comments

It is now estimated that Apple is worth more than Amazon, Alphabet, and Microsoft combined. This is due to the recent tax reform bill that was passed in the United States. The bill slashed corporate taxes, which will save Apple billions of dollars. This is good news for shareholders of Apple, as the company’s stock price is sure to increase. However, it is bad news for the workers who make Apple’s products, as they are likely to see their wages stagnate or even decrease.

Apple’s stock has outperformed those of its three tech peers over both the past month and the course of 2022.

This is according to data from CNBC, which shows that Apple’s stock is up 7% since January 1st, while Amazon, Alphabet, and Microsoft are all down 2%.

Looking ahead to the rest of the year, analysts expect Apple’s stock to continue to outperform its rivals. This is due to a number of factors, including the company’s strong financial position, its growing ecosystem of products and services, and its ability to innovate.

So far this year, Apple has already launched a new line of MacBooks, a new iPad Pro, and AirPods Max. It is also expected to release a new iPhone later this year. Meanwhile, Amazon is facing increased regulation, Alphabet is dealing with antitrust issues. Given all of this, it’s not surprising that analysts are bullish on Apple’s stock.

Apple VS Amazon stock value

Apple Inc. became the first publicly traded U.S. company to surpass $2 trillion in market value on Wednesday, as a rally in its shares boosted the iPhone maker’s worth to more than double that of Inc., Alphabet Inc. and Microsoft Corp.

The stock’s 4% gain to close at a record $468.87 lifted Apple’s market capitalization to $2.06 trillion, eclipsing the combined value of those three tech giants, which have long been considered Wall Street heavyweights.

It is now estimated that Apple is worth more than Amazon, Alphabet, and Meta combined because its stock has reached new all-time highs. Analysts say that part of the reason for this surge is due to strong iPhone 12 sales prospects as well as positive investor sentiment around the 5G rollout. In addition, Apple’s services business continues to grow steadily, contributing an increasingly larger portion to overall company revenue growth.

There are few companies as dominant as Apple in any industry, let alone the tech industry. It is clear that Apple is here to stay and will continue to grow in value in the years to come.

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