Apple may lose its most valuable company position to Nvidia, Microsoft, and Alphabet within three years.
Apple's market cap of $3.57bn makes it the most valuable company, but analysts predict it may lose this position to Nvidia, Microsoft, and Alphabet within three years. Apple's revenue is expected to grow at a 5% CAGR, with EPS at a 10% CAGR, driven by iPhone sales and India market expansion. Nvidia, Microsoft, and Alphabet may outpace Apple due to their differing business models and high-growth sectors like AI and cloud services.
July 14, 2024
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