- Oil prices are dropping in response to expected weaker demand world-wide. Thus, Exxon's value is falling fast.
- The less people drive and travel, the more they seek to communicate using digital means.
- Who wins?
For fundamental investors, consider the following:
- Growth, who has higher growth potential - Apple or Exxon?
- Earnings. Contrary to some Wall Street reports, Apple's quarterly earnings are already in the same ballpark as Exxon. What will be the result during the upcoming Christmas season?
- Risk - Apple is diversifying by region; dependence on any one telecom operator or channel of marketing; mangement; and product line. Exxon depends on oil - PERIOD. Exxon does pay a dividend, but Apple has one of the largest cash balances in the world.
- Execution - Apple gets it right. Exxon depends on OPEC - which controls its future.
So, which company is worth the most? You decide.
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