- Apple is falling behind in the AI revolution, impacting its financial performance. With a market cap of $3.9 trillion, it lacks innovation compared to competitors. Amazon leads with AI in cloud computing and e-commerce, generating $116.7 billion in revenue from AWS. Alphabet is best poised to monetize AI, boasting Google Cloud’s $50 billion annual revenue.
- Amazon’s AI growth surpasses Apple’s stagnant revenue, with plans to enhance automation in retail operations. North American retail sales grew 11% with 7% profit margin expansion. Amazon’s EBIT hit $77 billion and is expected to surpass $100 billion by 2026, closing in on Apple’s $130 billion.
- Alphabet shines as an AI stock with Google Search, YouTube, and Google Cloud assets. With top-notch technology like Gemini chatbot and Tensor Processing Units, it’s well-equipped for AI dominance. Google Cloud’s $50 billion revenue and 32% growth rate showcase Alphabet’s future potential to surpass Apple in market capitalization.
Read more at Nasdaq: Prediction: 2 AI Stocks Will Be Worth More Than Apple Stock by Year-End in 2026