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Tag: apple


Amazon overtakes Google and Apple to become the world’s most valuable brand

25

Jun 2019

Amazon overtakes Google and Apple to become the world’s most valuable brand

Amazon has become the world’s most valuable brand this year by overtaking Google and Apple, according to a report. Last year, Google was ranked the top, followed by Apple and Amazon. The 2019 BrandZ Top 100 Most Valuable Global Brands ranking, released by WPP and Kantar put amazon on top. Smart acquisitions by the brand have led to new revenue streams and combined with the...

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Apple spends more than $30 million on Amazon’s cloud every month, making it one of the biggest AWS customers

23

Apr 2019

Apple spends more than $30 million on Amazon’s cloud every month, making it one of the biggest AWS customers

Apple has a major multiyear agreement with Amazon Web Services. Apple spends more on Amazon’s cloud than up-and-comers like Lyft and Pinterest. However, Apple is also investing heavily in building its own cloud infrastructure. As Apple and Amazon compete for a greater share of consumer dollars and attention, they also have a particularly intimate business relationship: Apple is spending more than $30 million a month on Amazon’s cloud, according...

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Apple to start selling iPhone and iPad devices directly on Amazon

11

Nov 2018

Apple to start selling iPhone and iPad devices directly on Amazon

Apple is to start selling a number of its products directly on Amazon as part of a deal between the two tech giants. The iPhone maker’s devices and accessories have been available on the online retailer for some time but only through third party sellers and at variable prices. Products including iPhones, iPads and Apple Watches will be for sale on Amazon’s sites in the...

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At $1 Trillion, Amazon Should Fear Regulators More Than Rivals

07

Sep 2018

At $1 Trillion, Amazon Should Fear Regulators More Than Rivals

Amazon briefly touched $1 trillion in market capitalization on Tuesday, barely a month after Apple topped $1 trillion. The companies share the letter A and 12 zeros, but the similarity largely ends there. Apple is a cash machine, with a small suite of high-end products and an uncertain post-iPhone future. It is a mature company trading at a reasonable price with no end to its massive profitability in...

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The Amazon.com logo and stock price information is seen on a monitor at the Nasdaq Market Site in New York City, New York, U.S., September 4, 2018. REUTERS/Mike Segar

06

Sep 2018

Amazon touches $1 trillion, on pace to overtake Apple

Amazon.com Inc (AMZN.O) on Tuesday briefly joined Apple Inc (AAPL.O) to become the second $1 trillion publicly listed U.S. company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing. Its shares traded as high as $2,050.50 before easing a little to end the session at $2,039.51, up 1.3 percent and just short of the milestone...

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Amazon On Path To Beat Apple To The $1T Mark

11

Mar 2018

Amazon On Path To Beat Apple To The $1T Mark

Apple needs to watch its back: Amazon might just beat the world’s most valuable publicly listed company to the $1 trillion mark. While Reuters reports that Apple’s market capitalization has reached $893 billion – $141 billion more than the $752 billion market value of Amazon – the eCommerce giant has been quickly gaining steam. Amazon’s stock surged 83 percent over the past year, and if its stock continues growing at this...

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