So Who Will Be The First Trillion Dollar Company

Steve Williams

Site Founder, Site Owner, Administrator
Apple or Amazon

I'm betting on Apple......

From a trading perspective think Apple benefits from recent volatility in Facebook and maybe Netflix. Apple earnings coming out 7/31 and hopefully it becomes the 1st $1Trillion market cap co in U.S. history at or before the release date. Apple currently @ ~ $957Bil; Amazon @ ~ $910 Bil. (Amazon earnings come out after close today - so you never know what can happen..)

When Apple hits $200/share it will be a trillion dollar company. Amazing as I remember several years ago when Apple was over $800/share and it split 7 for 1 and started at $111/share. It is now closing in on $200/share but Amazon reports earnings today so who will win?

Jeff Besos is a visionary. Tim Cook is a numbers cruncher who doesn't have the vision of Steve Jobs. I've owned Apple for so long that IIRC I bought at $35/share
 

ack

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Amazon, through acquisitions.
 

KeithR

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We've been in a gogo-mega cap tech cycle for a while and it appears to be bursting. Market caps are just too big as we saw with FB and NFLX. Its not remotely normal to put on 20,30, or even $50B on a single earnings report. Therefore, doesn't surprise me to see $120B off FB today (full disclosure, I own it since $31 and sold 1/3 my position at 195)

I wouldn't be surprised for AMZN to disappoint as well. And at 150x forward earnings, watch out. It's not a true "trillion $ company"
 

jeff1225

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Amazon is extremely diversified with retail, wholesale and cloud computing verticals. Amazon's cloud company (AWS) has 3X the share of it's nearest competitor Microsoft, the cloud dominance is extremely attractive to Wall Street. Also, Besos seems to be less interested in flights of fancy like Facebook's purchase of Oculus. Will Amazon be the first trillion dollar company? I'm not sure, but they have one of the best chances.
 

KeithR

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Amazon is extremely diversified with retail, wholesale and cloud computing verticals. Amazon's cloud company (AWS) has 3X the share of it's nearest competitor Microsoft, the cloud dominance is extremely attractive to Wall Street. Also, Besos seems to be less interested in flights of fancy like Facebook's purchase of Oculus. Will Amazon be the first trillion dollar company? I'm not sure, but they have one of the best chances.

Ironic AWS crashed on Prime day ha. Ya, indeed the cloud has been behind the meteoric rise but I feel is quickly becoming a commodity. Everybody involved, lower margins thereafter. Just like most of Amazon's businesses. I mean, they have 2% margins with a $900B market cap as is.

I'm also ticked I didn't buy it a year ago, but can't win them all. Valuation has never been a factor for AMZN equity performance in 10 years.
 

DaveyF

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Perhaps a better question than who will become the first trillion dollar company, would be: Are we at all concerned that a trillion dollar company exists?:eek:
 
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KeithR

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well, as long as AWS growth is good (see results after hours), stock won't fall. basically can hold on to the stock until that happens as investors don't care about anything else in the story.
 

RogerD

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I shorted FB yesterday before close. Just because of the ending diagonal triangle pattern. These FANGS seem to make these patterns. I need to study Aapl over the weekend as a possible EDT is forming...200 is the apex. YMMV btw the FB collapse signals something else might be going on..just a guess.
Caution these patterns can be leading and blow out the top and keep going.
 

Ron Resnick

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Fortunately (for me, anyway) Amazon did not have an earnings disaster. FB caused a lot of drama today, but the price fell merely to where it was just a couple of months ago.

I don’t think the Facebook drop signals anything other than a crowded tech trade.
 

BMCG

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jeff1225

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Ironic AWS crashed on Prime day ha. Ya, indeed the cloud has been behind the meteoric rise but I feel is quickly becoming a commodity. Everybody involved, lower margins thereafter. Just like most of Amazon's businesses. I mean, they have 2% margins with a $900B market cap as is.

I'm also ticked I didn't buy it a year ago, but can't win them all. Valuation has never been a factor for AMZN equity performance in 10 years.

Great point regarding AWS crashing on Prime day......comical.
 

RogerD

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ack

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I lose again!
 

bazelio

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Steve, I'm the true visionary here as I've predicting Apple's downfall for the last 10 years. Looks like I was right. :p
 

DaveyF

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Ok, so why the negativity all of a sudden about Apple? The market has known for ages that their product base has essentially stalled out. This pretty much seems to have occurred after the death of Steve Jobs, imo.
OTOH, they still make great stuff that is well supported and seems to be of good quality. Innovating like before, no...supplying quality items with great customer support..yes. So what’s changed in the last few weeks...months?
 

bazelio

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Without actual innovation, what you're left with is little more than your brand name. There are other high performing, well-supported competing products. That the iPhone is somehow better or easier to use is at this point merely a matter of perception. Branding is important, but try explaining to Blackberry or Nokia that innovating doesn't matter. Is anyone still using MySpace? On their Palm Pilot running Netscape to check AOL while cruising in their Hummer to Tower Records? But, maybe Apple will live to innovate another day. I'd like to see it happen
 

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