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AAPL vs. MSFT: Which stock will prevail?
Apple (NYSE: AAPL) and Microsoft (NYSE: MSFT), 2 of the world’s major players in the technology sector, are heading into this earnings report season this Tuesday and Wednesday, January 28th & 29th, 2020, respectively. They will both be reporting Q4 2019 results.
After outperforming the S&P 500 over the last 5 years, with stock price running over 100% in 2019, Apple will most likely continue to generate more revenue from its roughly 1 billion active devices, expected at $85.5-$89.5 billion, resulting in a steady sales jump.
After rising by 20% since closing at a level of $137.24 before Q3 report, although MSFT hasn’t been a massive mover on earnings, with the stock being at $164.50, the company will be looking to display strength, projected to report revenue of $140.10 billion.