After Apple 'collapsed' because of Covid-19, Microsoft was the only US company worth more than $ 1 trillion

Software giant Microsoft is the only US company that can still stay on the $ 1 trillion mark, after the Covid-19 epidemic caused the stock market to plummet.

Before that, Microsoft was only the third company to reach 1 trillion USD milestone. Apple is the first US company that can surpass this milestone. Both Apple, Amazon and Alphabet (Google's parent company) have a market capitalization of over $ 1 trillion, a month ago.

However, due to the effects of the Covid-19 epidemic, and the fear that enveloped the US stock market in the face of a fully-capable economic crisis, all three technology giants had ' fall'.

At the end of the last Monday, the market capitalization of these three giants was respectively:

Apple: 981.72 billion USD.

Amazon: 947.24 billion USD.

Alphabet: 725.39 billion USD.

Meanwhile, Microsoft's market capitalization is US $ 1,034 billion. Part of this may be because the Covid-19 epidemic did not affect the software giant's business, as Apple or Amazon suffered heavy losses.

Even the fact that people have to stay at home and use working software and online meetings like Team, makes Microsoft somewhat more beneficial.

Reference: BusinessInsider