Will Nvidia Be Worth More Than Apple by 2030?
Apple (NASDAQ: AAPL) has been the world's largest company since 2011 (although a few companies passed it briefly). Right now, Apple is worth about $3 trillion -- nearly triple the size of Nvidia (NASDAQ: NVDA) at $1.2 trillion.
However, the two have several key differences, as Nvidia is growing at a lightning pace, while Apple's revenue is shrinking. Nvidia could surpass Apple in valuation if this trend continues. But it's not that simple, either.
Could Nvidia pass Apple in valuation by 2030? Let's see what it would take.
Source Fool.com
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