Amazon outperforms Apple in revenue growth for four consecutive quarters, driven by diverse business lines.
Amazon and Apple, both tech-giant market leaders in their respective sectors, are compared in terms of stock performance. Amazon has been consistently outperforming Apple in terms of revenue growth, with the e-commerce leader growing its revenue by double digits for four straight quarters. Although Apple has a strong market share in smartphones, Amazon's diverse business lines including retail and advertising could make it a more promising growth prospect.
June 23, 2024
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