Technology giant Apple leads the race among other global enterprises to become the world's first trillion-dollar company.
According to The Guardian, financial commentators and investors have predicted that 2018 will herald the first firm with a stock market valuation of $1 trillion or more if technology share prices continue to rise as they did in 2017.
Apple presently leads the race with a market valuation of $869 billion on Tuesday.
The company is currently ahead of Google's parent company Alphabet, which has a market value of $729 billion.
Moreover, the firm which transformed mobile communications with the iPhone would require a 15 per cent increase in its share price to tip over $1 trillion.
Apple's share prices increased by 47 per cent last year.
Microsoft, Google, Facebook, Amazon, and Tencent are other leading contenders.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)