Apple vs Micron Technology Which Is More Lucrative?
Apple and Micron Technology are two prominent companies in the technology sector, with both holding significant influence in the market. Apple, known for its innovative products such as the iPhone and Mac computers, has a strong brand presence and loyal customer base. On the other hand, Micron Technology specializes in semiconductor manufacturing, particularly in the production of memory and storage solutions. Investors often compare the performance of these two stocks due to their relevance in the tech industry.
Apple or Micron Technology?
When comparing Apple and Micron Technology, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Apple and Micron Technology.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Apple has a dividend yield of 0.4%, while Micron Technology has a dividend yield of 0.45%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Apple reports a 5-year dividend growth of -19.56% year and a payout ratio of 16.25%. On the other hand, Micron Technology reports a 5-year dividend growth of 0.00% year and a payout ratio of 65.94%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Apple P/E ratio at 40.16 and Micron Technology's P/E ratio at 145.98. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Apple P/B ratio is 66.10 while Micron Technology's P/B ratio is 2.52.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Apple has seen a 5-year revenue growth of 0.82%, while Micron Technology's is -0.43%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Apple's ROE at 137.87% and Micron Technology's ROE at 1.77%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $246.24 for Apple and $99.67 for Micron Technology. Over the past year, Apple's prices ranged from $164.08 to $250.80, with a yearly change of 52.85%. Micron Technology's prices fluctuated between $78.63 and $157.54, with a yearly change of 100.36%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.