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In 2018, Apple was the first company to hit $1 trillion in market capitalization, a value that was much greater than Amazon's market cap. In August 2020, it was the first to hit $2 trillion. Currently, Apple's market cap is $400 billion higher than Amazon. However, on October 9, 2020, Apple's share price ($125) was substantially less than Amazon's share price($3,400).
Problem A) explain why this difference exists?
Financial Statement Analysis and Preparation
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