Will Amazon Be Worth More Than Apple by 2030?
Five years ago, Amazon (NASDAQ: AMZN) was more valuable than Apple (NASDAQ: AAPL). The e-commerce and cloud leader had a market cap of $821 billion, while the maker of iPhones, iPads, and Macs was worth $744 billion.
But today, Amazon is worth $1.64 trillion, while Apple has a market cap of $2.98 trillion. Let's see why Amazon fell behind Apple -- and if it might catch up and eclipse its market cap again by 2030.
Image source: Amazon.
Source Fool.com
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