FX.co ★ Top 5 trillion-dollar companies. What future has in store for them
Top 5 trillion-dollar companies. What future has in store for them
Apple
Almost a year ago, Apple became the first company to ever reach a $2 trillion market capitalization. Today, it is worth $2.4 trillion, which makes it the world’s most valuable corporation. On June 13, Apple shares set another record by approaching the $146.58 mark. Analysts say there is more to come. According to the most optimistic forecasts, stocks may settle at $159.46, while Apple's market capitalization is likely to soar to $2.67 trillion. The tech giant's growth is expected to be boosted by iPhone sales amid delayed demand induced by the pandemic as well as 5G networks deployment.
Microsoft
Bill Gates’ Microsoft is now worth some $2.046 trillion. It took the company 33 years to break the $1 trillion barrier from the date of the initial public offering of its shares on the stock exchange. In two years, Microsoft doubled its market capitalization. Generally speaking, it took the tech giant 35 years to join the elite trillion-dollar companies club. Nevertheless, Microsoft keeps moving forward, showing great performance. The corporation boasts buoyant demand for its Cloud services. In this field, Microsoft has no equals. According to a consensus forecast, the company's share price is expected to be over $298 (today, it is more than $280 per share) and its capitalization to exceed $2.27 trillion.
Amazon
The company founded by the world’s richest man, Jeff Bezos, currently has the most expensive stocks among US tech behemoths. The price of 1 Amazon share is over $3,700. Experts suggest that the price may soar up to $4,000 and even higher next year. In addition, the fastest growing company is expected to skyrocket by more than 20% in 2022. Amazon's current market capitalization reaches $1.73 trillion. If the e-commerce giant maintains or gathers the pace of its online sales, its market value could exceed $2 trillion. In such a case, Amazon will become the third US company to break the $2 trillion barrier.
Alphabet
This US holding has several subsidiaries that could boost its growth next year. Google and YouTube, bringing 50% in revenues annually, are believed to be the most promising ones. Alphabet's current market value is estimated at $1.66 trillion. In 2022, the company is forecast to increase its capitalization by $300 billion and come close to the $2 trillion mark. Alphabet stocks are also projected to be bullish. Today, the price of 1 Alphabet share is over $2,500. In a year, the quote may reach $3,000.
Mark Zuckerberg's company went public almost 10 years ago. During this time, it increased its market capitalization of $104 billion to more than $1 trillion. The newcomer to the trillion-dollar club is also believed to expand next year. Facebook’s value is estimated to surge by $135 billion and its share price to rise by $70 (today, the price of 1 share is $350). An increase in social network users, as well as further monetization of not only Facebook, but also Instagram and WhatsApp projects will be the main factors behind the company’s growth.
