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Amazon Apple Parallel Charts
Posted By Barry Ritholtz On July 28, 2011 @ 9:00 pm In Consumer Spending,Markets,Retail,Technical Analysis,Web/Tech | Comments Disabled
Amazon.com’s stock-market value exceeded $100 billion yesterday for the first time, and anyone looking at how closely the world’s largest online retailer has tracked Apple Inc. might have predicted as much.
The chart above shows the market capitalization of the two companies during the past five years. Amazon.com’s value jumped ninefold in the period as Apple’s rose more than sixfold, (data compiled by Bloomberg).
Bloomberg News, July 28, 2011
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