Just a quick update on my piece on Apple becoming the most valuable company reaching the $1T market value threshold with news that Amazon briefly hit that same point yesterday. Amazon’s path to get to that position was quite different from Apple’s, since Amazon is a relatively “young” company. Whereas Apple went public in 1980, Amazon only did in 1997. The companies are also wildly different in terms of profitability. In 2017 Apple’s profits were $48B while Amazon’s was $3B.