Note that Morgan Stanley's theoretical breakdown assumes a stock price of $2,500 - higher than Amazon's current price, and thus a market value of slightly higher at $1.32 trillion.
And while Amazon and Apple are now alongside one another in the $1 trillion category, look for Google parent company Alphabet and Microsoft to reach the monumental mark in the near future.
In just two decades, the company expanded far beyond its bookseller beginnings - they've managed to combine a world-wide retail operation with a less showy, but clearly, incredibly profitable advertising and cloud software businesses. Apple's stock price fluctuated in sync with Amazon's today, with a peak around 11:30 this morning and a trough about an hour later.
Founded in 1994, Amazon is now the world's largest online retailer.
Amazon.com founder and CEO Jeff Bezos on June 18, 2014 in Seattle, Washington.
Vodafone Australia and TPG announce $15bn merger
VHA is jointly owned by its British parent company Vodafone Group Plc and Hutchison Telecommunications (Australia) Limited. The deal is expected to be completed next year, after approval from regulators and the competition watchdog.
Aretha Franklin's body arrives at Detroit church
She is said to have had a costume change each day, having started the week in a red dress and yesterday being seen in blue. Franklin lay in state in Detroit on Thursday, wearing a rose gold outfit and matching Christian Louboutin stilettos.
Apple took nearly 38 years as a public company to achieve the trillion dollar milestone, while Amazon got there in 21 years.
Indeed, it was less than a year ago in early October 2017 that Amazon shares first crossed the $1,000 mark.
Amazon has become the second publicly traded company to be worth US$1 trillion (NZ$1.52 trillion), hot on the heels of Apple.
For fiscal 2017, Amazon and its 560,000 employees around the world reported total sales of $177.87 billion, netting it an adjusted profit of $6.15 per share, according to the company's annual report. At $2,050.27 its shares are up around 136,584% since its IPO.
"The company continues to experiment with new products and push into new geographies".
But Turkey, whose army has a string of observation posts around the edge of the rebel area, has warned against such an offensive. That would bring Assad close to reclaiming the major strategic prize in the region, two arterial highways running to Aleppo.
Radebe said that the fuel price was driven by global factors - such as the rand exchange rate, the worldwide price of crude oil. In Delhi, a litre of petrol now costs Rs 79.31, in Mumbai Rs 86.72, Chennai Rs 82.41 and Kolkata 82.22.
A tribute concert , starring The Four Tops, Angie Stone and Regina Belle was also hosted on Thursday evening in her honour. The singer, known as the Queen of Soul, died earlier this month of pancreatic cancer.
"Last game, Phil Foden was not in the squad and I was so sad for Phil like I am so sad for Leroy", Guardiola said. Aguero, who scored eight goals in City's last two home games against Newcastle , was held silent on Saturday.
The Raiders and Bears have an agreement in place to trade Khalil Mack to Chicago, sources told ESPN's Adam Schefter . As a result talks broke down, Khalil staged a work stoppage, and other teams started inquiring about his services.
Today, we were determined, we started well, and in the end we lost 3-0". "I think it was an undeserved defeat for us". Team player: Jose Mourinho insists his focus is always on his team, never himself.
The group stage will provide an early challenge, with Paris Saint-Germain, Napoli and Red Star Belgrade the opposition in Group C. The LaLiga teams have dominated the competition in recent seasons with Madrid winning four and Barca one of the last five.
For his efforts, Donaldson was chosen the AL's most valuable player, just the second player in franchise history to get the award. After spending parts of four big-league seasons in Oakland, Donaldson had a monster first year with the Blue Jays.
The French actor's romantic history has also been turbulent with him divorcing his first wife actress Elisabeth Guignot in 1996. Depardieu denied the allegations on several occasions, professing his love for Russian culture and people.
While the contest turned in Kyrgios's favour after the chat the 30th seed said the talk had nothing to do with the outcome. Kyrgios went on to win the match 4-6, 7-6, 6-3, 6-0, which caused Herbert to heavily criticise the umpire's actions.
Liu, who is worth an estimated $7.3 billion, owns 16 percent of the company and has vast control over major business decisions. The arrest comes shortly after Liu was in the spotlight for another incident involving sexual misconduct.
'It's about where he is better for us and where he is better [used], thinking also about the opposition's style to play.
Nadal survives late-night marathon to progress
Nadal failed to serve out the set at 5-3, then promptly broke Thiem's serve for the second straight time to even the match. Dominic Thiem said his epic defeat to close friend Rafael Nadal in the US Open quarter-finals will "stay with me forever".
Samsung Galaxy Note9 boasts a host of powerful tech features
To celebrate its launch in Malaysia, Samsung Malaysia Electronics announce its limited-time pre-order promotion for Malaysians. It comes with advanced noise reduction technology, and a Dual Aperture lens, which adjusts to light just like the human eye.
McCain's casket arrives at US Capitol Rotunda
And, as McCain's body arrived in the capital from Phoenix , Trump was attending a campaign rally in Evansville, Ind. The McCain farewell began Wednesday and Thursday in Arizona , where he and Cindy McCain raised their family.
USA ends funding for UN Palestinian refugee agency
Palestinian President Mahmoud Abbas's spokesman has called the move a "flagrant assault against the Palestinian people". In a statement on its website, UNRWA expressed "deep regret and disappointment" at the United States' announcement.