Amazon is already worth one and a half times the GDP of Argentina



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19-07-2018
The market capitalization of the company founded by Jeff Bezos reached 900 million US dollars on Wednesday and is only surpassed by Apple

The shares of Amazon rose Wednesday from 0.8% to $ 1,858.88, giving the company the first time a market capitalization of u $ 900 million and made it the second company after Apple to achieve this impressive figure.
The figure represents almost one and a half times the GDP of Argentina which, according to the International Monetary Fund, reached million dollars.
It should be noted that the price of his shares accumulates a gain of from about 57% until now this year while pursuing Apple in the race to become the largest company in the world in market value.

Amazon.com argued that consumers on the Internet purchased more than 100 million products worldwide during its sale Prime Day, being broadcast Fire TV Stick and the smart speaker Echo the best-selling devices.
As for the company of the manzanita whose market capitalization exceeds approximately $ 35,000 million to Amazon, it is approaching the realization of a stock market value of a trillion of dollars.
Both could see significant stock movements when they publish their first June results . Amazon is expected to release its accounts on July 26 and Apple on July 31.

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