Published: Jan. 12, 2024 at 1:30 p.m. ET
Apple Inc. has long been the most valuable U.S. company, but Microsoft Corp. seems poised to overtake it. A look back at the companies’ financial performance and a look ahead at expected revenue and profits make the case that Apple is no longer a growth stock and that Microsoft is the better long-term investment.
Late Friday morning, Apple AAPL remained in the top spot with a market capitalization of $2.893 trillion, just ahead of Microsoft MSFT at $2.884 trillion. Apple’s stock was down 3.4% for 2024, while Microsoft was…
Apple Inc. has long been the most valuable U.S. company, but Microsoft Corp. seems poised to overtake it. A look back at the companies’ financial performance and a look ahead at expected revenue and profits make the case that Apple is no longer a growth stock and that Microsoft is the better…
