Outperforming Amazon: The Phenomenal Rise of Apple's Stock
While Amazon.com, Inc. AMZN has been a favorite among investors for its substantial growth in the world of e-commerce and technology, there's another stock that has stealthily eclipsed Amazon's success in terms of stock performance. Since 2019, Apple Inc. AAPL, the renowned American multinational technology company, has delivered nearly triple the stock growth compared to AMZN. Apple's ascendance in the stock market illustrates a compelling case for potential investors looking for substantial returns on their investments.
Apple's Unprecedented Growth
Leading the forefront of technology innovation, Apple has widened its footprint across consumer electronics, computer software, and online services sectors. It cemented its position as the world's largest technology company by revenue, accumulating a total of $274.5 billion in 2020. More impressively, since January 2021, Apple has claimed the crown as the world's most valuable company. Its influence extends to being the fourth-largest PC vendor in terms of unit sales and the fourth-largest smartphone manufacturer as of 2021. These milestones have translated into significant financial success for AAPL shareholders.
Comparative Analysis with Amazon
Amazon, recognized as one of the Big Five American information technology companies—alongside Apple, Google, Microsoft, and Facebook—is no slouch in the stock market. However, even as it shapes global economic and cultural landscapes and maintains its title as the world's most valuable brand, its stock growth has been overshadowed by Apple's extraordinary rally in recent years. In a comparison between AAPL and AMZN stock growth since 2019, Apple has almost tripled Amazon's gain, presenting a striking case for investors to re-evaluate where they could be focusing their investment portfolios for better returns.
Apple, Amazon, Investment