Apple dethroned Microsoft as the world's most valuable company recently, driven by AI hype.Using InvestingPro, we will take a deeper look at Apple vs. Microsoft to see who could be a better AI bet.) as the world's most valuable company last week, driven by a surge in anticipation of its upcoming AI technology. The iPhone maker's market cap temporarily ballooned to a staggering $3.3 trillion, surpassing Microsoft's $3.29 trillion.
Apple shines in Price Trend and Profitability . Earnings metrics like Cash Return on Invested Capital , Return on Assets , ROE , and Return on Invested Capital are all positive. Additionally, they reported net profits of $96.9 billion in 2023 and $23.6 billion in Q1 2024.Overall, analysts believe that Apple will continue to be profitable in 2024, which should maintain the dividend payments that have lasted for 13 years -- with growth in value over the last 12.
Microsoft excels in Price Trend and Profitability . The company boasts impressive profitability metrics, with EBITDA Margin , Net Margin , and Operating Margin all standing out. Additionally, the company reported strong earnings in 2023 and Q1 2024 . InvestingPro empowers investors to make informed decisions by providing a comprehensive analysis of undervalued stocks with the potential for significant upside in the market.This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way.
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