Google is Apple's toughest competitor

By IVCPOST Staff Reporter

Jul 24, 2013 10:15 AM EDT

Huge corporations that were undervalued would offer venture capitalists the chance to reap soaring returns as stock prices return to fair value. The latest decline in Apple's stock prices seemed to provide the same opportunity today.

Yahoo! Finance listed BlackBerry, Google and Hewlett-Packard as Apple's major rivals. The competition signified that Apple was the leading force in the revolution on information technology.

BlackBerry and Hewlett-Packard posed a little threat to Apple but according to Yahoo! Finance, Google was a titan in the age of digital interaction and marketing. An assessment of fair value to the price of shares entailed a comparison in the valuation of Apple's strong and weak rivals.

Google, an internet giant, was Apple's toughest competitor. Data showed that Google was valued at roughly 17.5 times free cash flow. On the other hand, Apple only carried a valuation of 7.28 time cash flow.

Apple would offer superior chances for investors against BlackBerry and Hewlett Packard. However, in a competition with Google, Apple would fail since Google could provide a remarkable future growth chances that were way better than that estimated for Apple.

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics