Apple’s Market Position at Risk Amid AI Growth
Apple Inc. (NASDAQ: AAPL) currently holds a market capitalization of $3.7 trillion, making it the second most-valuable company in the world. However, Amazon (NASDAQ: AMZN) and Meta Platforms (NASDAQ: META) are rapidly advancing in generative AI, which could allow them to surpass Apple in market cap by 2035.
Amazon’s market cap stands at approximately $2.27 trillion, benefiting from its dominant cloud computing division and a growing advertising business, which generated nearly $60 billion in annual sales. Similarly, Meta’s market cap is at $1.4 trillion and it has experienced a revenue increase of 16% in 2023 thanks to AI integration, leading to a significant growth in monetization through advertising.
