Amazon could be the world's first trillion dollar company
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Report states that while Apple Inc. has an estimated value of $893bn, as compared to Amazon's $752bn, Apple's growth rate over the last financial year was only 24% while Amazon had a growth rate of 83%. It concludes that report is theoretical and would be a close race to monitor if current trends were maintained. Wall Street, on the other hand, confirms that neither firm would be able to maintain its growth rate.