Better Buy: Apple vs. IBM
Apple (NASDAQ: AAPL) and IBM (NYSE: IBM) are two tech giants that have generated very different returns for investors over the past decade.
Apple's stock price has skyrocketed more than 1,000% as the iPhone has reshaped the mobile market. The iPad redefined tablet computers, the Apple Watch dominated the smartwatch market, and the company further expanded its hardware ecosystem with AirPods and HomePods. Apple also aggressively locked in its users with new subscription services like Apple Music, Apple TV+, and Apple Arcade.
Meanwhile, IBM's stock price has declined 20% as the company has desperately tried to grow its revenue again. It's tried to expand its higher-growth cloud businesses to offset its declining business software, hardware, and IT services revenue, but those efforts have produced inconsistent results. Big Blue has also struggled to compete against Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and other cloud giants.
Source Fool.com
