2024-06-12 09:47:00 ET
Well, it's official: Another company has surpassed Apple 's (NASDAQ: AAPL) market cap. Last week, Nvidia became the second-largest U.S. company, trailing only Microsoft.
It was another blow to Apple, whose revenue remains stuck in neutral. And it's facing a federal antitrust lawsuit .
Indeed, given Apple's struggles and the impressive growth of some of its fellow tech megacaps, several more companies will likely surpass Apple's market value over the next decade. I expect Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) will be among them.
For further details see:
Prediction: 2 Stocks That Will Be Worth More Than Apple 10 Years From Now