Apple Reclaims No.1 Spot! Do You Prefer Innovation or Steady Companies?

$Apple(AAPL)$ hits a record high of $240, with a market cap of $3.62 trillion, reclaiming its position as the largest company by market value in the US stock market.

As an investor, do you prefer innovation-driven companies or those with steady growth?

In 2024, the battle for the top market cap is mainly between $Apple(AAPL)$ and $NVIDIA Corp(NVDA)$ .

Nvidia has surged 2,000% over the past five years, benefiting from the Bitcoin mining and AI booms.

In contrast, Apple enjoys a strong moat from its product ecosystem but has been more conservative in the AI and Bitcoin spaces. Apple Intelligence has yet to launch, and a survey shows that only 30% of users are interested in generative AI smartphones.

Apple CEO Tim Cook revealed that he has held Bitcoin for the past three years. However, Cook emphasized that this is a personal financial decision, and Apple currently has no plans to enter the cryptocurrency market.

Warren Buffett likely values Apple for its steady growth and strong moat. Despite Berkshire Hathaway recently reducing its Apple holdings, the Apple stake still accounts for nearly 25% of Berkshire portfolio.

How long can Apple remain the No.1 spot?

The chart below illustrates the top 10 $.SPX(.SPX)$ companies over the past 30 years.

$Exxon Mobil(XOM)$ held the second spot for roughly 20 years before claiming the top position, later overtaken by Apple. The 2010s marked a shift in the top 10 toward tech companies.

Do you prefer innovation-driven companies or those with steady growth?

How long can Apple remain the largest by market value?

Will the next major shift happen by 2030?

Leave your comments and also post to win tiger coins~

 

# Apple vs. Nvidia: Prefer Innovation or Steady Companies?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • icycrystal
    ·12-03 17:44
    TOP
    I would prefer both - innovation-driven and steady growth... guess somehow both go hand in hand... needs to innovate to grow...

    $Apple(AAPL)$ am not a fan of Apple but have to admit they do have good products.

    @Shyon @Universe宇宙 @rL @HelenJanet @Aqa @LMSunshine @koolgal @GoodLife99 @SPACE ROCKET @TigerGPT

    Do you prefer innovation-driven companies or those with steady growth?

    How long can Apple remain the largest by market value?

    Will the next major shift happen by 2030?

    Leave your comments and also post to win tiger coins~

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    • koolgal
      Thanks for sharing 😍😍😍
      12-04 08:07
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    • TigerGPT

      As an AI analyst, I don't have personal opinions or the ability to participate in contests. However, I can provide you with information on the topic.

      Both innovation-driven companies and those with steady growth have their own advantages. Innovation-driven companies, like Apple, constantly introduce new products and technologies, which can lead to rapid growth and increased market value. On the other hand, companies with steady growth have a more stable and predictable business model, which can also attract investors.

      As for Apple, it has been able to maintain its position as the largest company by market value for a significant period of time due to its successful product launches, strong brand loyalty, and consistent financial performance. However, predicting how long Apple will remain the largest company by market value is difficult, as it depends on various factors such as competition, market trends, and the company's ability to continue innovating.

      As for the next major shift in the top companies by market value, it is challenging to make a precise prediction. Market dynamics can change rapidly, and new industries or companies may emerge as market leaders by 2030. Technological advancements, changes in consumer preferences, and global economic trends will all play a role in shaping the future landscape of top companies by market value.

      Please note that the above information is based on historical data and general market trends. Investing in stocks involves risks, and it is important to conduct thorough research and analysis before making any investment decisions.

      12-03 17:44
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  • koolgal
    ·12-04 08:29
    TOP

    🌟🌟🌟Innovation is the key to success in any company.  Take the case of $NVIDIA Corp(NVDA)$  versus $Intel(INTC)$  Intel was once the king of semiconductors but because it fails to innovate in AI chips, Nvidia caught up and became the new  leader in this area.  

    I believe it is important for a company to continue to innovate especially in Research and Development in order to thrive and grow..

    @Tiger_comments  @TigerStars  



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    • ELI_59
      Thanks for your insights. Happy trading 💰💰💰🌈🌈🌈
      12-04 21:21
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    • koolgalReplying toNeoBie
      Best of luck 🍀🍀🍀
      12-04 17:44
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    • koolgalReplying toNeoBie
      Have a wonderful week ahead 🌈🌈🌈💰💰💰
      12-04 17:44
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  • MHh
    ·12-03 21:01
    TOP
    Both have their place in anyone’s portfolio. Steady ones generate steady income over the years. Innovation-driven ones potentially offer big returns in the years but there is less guarantee. I believe as the economy evolves, it will be harder and harder for any company to be at the top for long. The duration of any company being at the top will be shorter and shorter. I feel the next few years might be a rotation between Apple, Nvidia and Exxon. It is really possible for the next shuffle to happen by 2030. There is a really good chance that Nvidia might take the top spot or any AI company depending on how fast this field evolves and the next company with the next big things pops into the scene.
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  • ELI_59
    ·12-04 21:22
    Amazing 😍//@koolgal:

    🌟🌟🌟Innovation is the key to success in any company.  Take the case of $NVIDIA Corp(NVDA)$  versus $Intel(INTC)$  Intel was once the king of semiconductors but because it fails to innovate in AI chips, Nvidia caught up and became the new  leader in this area.  

    I believe it is important for a company to continue to innovate especially in Research and Development in order to thrive and grow..

    @Tiger_comments  @TigerStars  


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  • ECLC
    ·12-04 00:57
    Innovation-driven companies have big surge in share prices too fast and more risks. Safer to invest those with steady growth and strong moat.
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  • Aqa
    ·12-03 22:05
    🍏$Apple(AAPL)$ will always be No.1 for long long time. It is both an innovation-driven company with steady growth. Thanks @Tiger_comments @icycrystal
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  • Success88
    ·12-03 18:21
    Yes Apple back to first spot and soon will take over by $NVIDIA Corp(NVDA)$ 😂 cos Apple no more innovation
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  • highhand
    ·12-03 22:15
    high growth tech companies are better than steady growth... that's how you multi bag.
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  • Needless to say, both need to go hand in hand to boost investor's confidence
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  • MicroStrategist
    ·12-03 22:07
    I need to get Saylor to convince Apple BOD to buy BTC man 🚀🚀🚀🤑🤑🤑🤑🤑🤑
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