Apple vs. Amazon: $ 1 trillion race



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This week will be very hot for participants in the US stock market. Two tech giants are about to achieve an incredible feat: to break the $ 1 trillion mark of market capitalization, said Apple, adding that the company is still the world's most valued, valued at $ 941 billion. last week. The iPhone maker will announce its financial statements for the last quarter of July 31 after the markets close. He needs an additional 6% increase in the price of the action to reach the target.

Amazon will present the figures on Thursday. It is just a bit below the $ 880 billion market rating and needs a 13% increase in the price of the stock. Analysts point out that it is entirely possible that Cupertino surpbades the company.

The eventual draw will depend on the results. Apple will have to post a strong annual growth in flagship sales of the iPhone X and exceed the figure of 41 million iPhone sold for three months. But in recent years, this quarter is the lowest for smartphone sales, as every year in the fall, Apple introduced new models, and customers expect to get them or with a discount for the 39, last year

Investors will pay attention to the strong growth in sales services – the growing category that includes sales of apps, cloud services and Apple Music. They can be the key to crossing the trillion dollars.

Amazon shareholders can also expect a good report. Despite some technical problems, last week the company announced sales of more than $ 4 billion during the first day. The forecast for the next quarter will also be important as a catalyst for the advertising sector which is currently in the "Other"