Apple and Amazon have both become leading technology giants in their respective industries. Apple is a consumer electronics giant, while Amazon is an e-commerce powerhouse. But which of the two companies is bigger?
When it comes to market capitalization, Apple is clearly the larger company. As of writing, Apple has a market cap of $2.2 trillion dollars, more than double that of Amazon’s $1 trillion dollar valuation. This means that Apple’s stock is worth more than twice that of Amazon’s.
Apple also has significantly higher revenue than Amazon. In the last quarter of 2020, Apple reported revenue of $111 billion dollars compared to Amazon’s $87 billion dollars. This shows just how much bigger Apple is when it comes to generating sales.
In terms of profits, however, the difference between the two companies isn’t as huge. Apple reported profits of $26 billion in 2020 compared to Amazon’s net income of $21 billion over the same period.
When looking at total assets, it becomes clear that Amazon has a slight advantage over Apple in this category. According to their latest financial statements, Amazon had total assets worth $222 billion whereas Apple had total assets worth only $196 billion.
Overall, there is no doubt that Apple is much larger than Amazon in terms of market capitalization and revenue. However, when it comes to profits and total assets, there isn’t as big a difference between the two giants.
Conclusion: After looking at both companies’ market capitalization, revenue, profits and total assets, it becomes clear that Apple is significantly bigger than Amazon overall. However, when considering individual metrics such as profits and total assets, there isn’t as big a gap between them.
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