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The tech industry's race to $1 trillion

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The Apple logo at the Apple store. Photo: Alexander Phol/NurPhoto via Getty Images.

The Financial Times has a new tracker, featuring race cars and a checkered flag, "Track the market cap race to a trillion: Will Apple, Amazon, Microsoft or Alphabet reach the ‘quatro commas’ club first?" (Subscription.)

The state of play: "Apple is closest to becoming the first [public] company to achieve a $1tn valuation, but Amazon, Alphabet and Microsoft are not far behind."

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  • The paper today begins a series, "Race to a trillion": "Leading tech companies have enjoyed surges in market capitalization, as revenues and profits have powered ahead and investors showed an insatiable appetite for their shares."
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