Listen: Amazon, Microsoft And Apple discussed on Joel Riley
"Say that it was a big deal. And Amazon is now, of course, the company the country's most most. Profitable. Sorry might find a stopped Amazon. We're taking Microsoft is the most networks of any company in the US Amazon is worth seven hundred ninety seven billion dollars Microsoft just overtaken apple just a few weeks ago. Actually, it's worth seven hundred and eighty four dollars alphabet again over apple alphabet, Google, and then apple beyond that apple has seen a huge nosedive going on with its stock because of that announcement and and other problems with the market as well. So what Amazon is doing a lot of people may be surprised at Amazon hadn't been on the top before this. But they hadn't they are. Now, the market cap crown and their stock is worth about six hundred sixteen hundred and thirty bucks so Amazon out there with some big moves going on. That's pretty significant Sherry Preston from ABC news. Joining us talking about the fact that yesterday Amazon eclipse, Microsoft is the most valuable publicly traded company in the United States as a stock market continued to reshuffle corporate America's pepper. Taking order centrestage, Sherry one of the things I always say about Amazon people think of it as retailer quite honestly to me. It's not a retailer what they perfected is logistics logistics provider. Yeah. Exactly. And and you know, this had to hurt the Microsoft a little bit because it came pretty much on the same day that Microsoft had announced that he was going to partner with grocery store chain Kroger to come up with grocery stores in which you would actually decide what you're going to buy at home, and then go to the store itself, and your products would be there lit up as you go through the aisles ready for you to pick up and put it in your cart. It's something that they're going to be rolling out in Ohio and in Washington state, and they're going to try that. And it's something that they're ten you know, compete with Amazon and it's play up with whole foods. If you go into whole foods, you know, we just so sehr yesterday, and you could get if you're a prime member you have special deals you can get. So they've been teaming up with that. But. You know, Microsoft, here's the thing with these with these companies Amazon Microsoft alphabet, Google, apple, you know, before everybody kind of had their own niche. You know, Nicole the crowd and and office systems was Microsoft, Google search engine apple had the hardware with"