Apple and Amazon Pass $1 Trillion - Which Company Is Next? - NBC 7 San Diego
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Apple and Amazon Pass $1 Trillion - Which Company Is Next?

Apple is expected to cool off, with Wall Street projecting a small amount of growth for the company

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    With the $1 trillion valuation mark now behind Amazon and Apple, two more technology companies are quickly closing in on the milestone.

    Microsoft and Alphabet are the next biggest companies racing to a $1 trillion market capitalization, each closing in on the mark yet still over $100 billion away. Here's what it would take to get the 10 U.S. companies behind Apple and Amazon to $1 trillion:

    Wall Street expected Amazon shares to rise about 15 percent over the next year (as of Aug. 3, the day after Apple hit $1 trillion) — but it rose more than 10 percent in the past month, soaring past the milestone. Microsoft is a bit behind and will not likely surpass $1 trillion over the next 12 months, according to analysts. And while Wall Street expects Facebook to grow the most over the next year, it still has a very long way to go to reach the four comma club.

    Apple is expected to cool off, with Wall Street projecting a small amount of growth for the company.

    This story first appeared on CNBC.com More from CNBC:

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