Apple And Microsoft In Race To Be The World’s Most Valuable Tech Company
Recently, Microsoft [MSFT] overtook Apple [AAPL] in market cap for the first time in eight years. On Nov. 26, 2018, Microsoft briefly clinched a market cap of $812.93B while Apple’s market cap at that time stood at $812.6B.
While Microsoft briefly held the title of the most valuable company in the United States, it is likely that the two companies will trade back and forth for this title, at least in the short term.
Apple overtook Microsoft in 2010
Apple first overtook Microsoft about eight years ago. It was described to be a watershed move, highlighting that “the most important technology product no longer sits on your desk but rather in your hand.”
In 2010, the Apple iPhone was just two years into its launch and was fast gaining traction in the smartphone market. The device, in fact, revolutionized the usage of mobile devices and even compelled mobile heavyweights such as Nokia [NOK] and Blackberry [BB] to exit markets.
The iPhone is still Apple’s flagship product and accounts for almost 60% of company sales. Driven by phenomenal growth, Apple was the first public company in the country to be valued at $1T earlier this year.
Slow iPhone demand
The global smartphone market is in a cycle of decline. Though Apple continues to outperform the global market, demand for its iPhone has been lower than estimated. Analysts have been concerned for some time over Apple’s slowing iPhone demand driven by supply chain reports.
Apple also stated that it would no longer publish device sales going forward, further adding fuel to fire. The tariff war between United and China might further amount to a short-term weakness for Apple shares.
Microsoft a top performing stock
Microsoft has been a top pick for investors in this extended bull run. Despite the upbeat momentum, Apple’s mind-boggling growth has dwarfed Microsoft’s spectacular returns.
Microsoft’s Satya Nadella was appointed the company’s CEO back in 2014, post which the company upped the ante on the development of cloud products and services. Microsoft overtook Google [GOOGL] in market value earlier this year and surpassed Amazon [AMZN] last month.
As seen below, Amazon overtook Microsoft in market cap early this year before Microsoft returned the favor.
Its diversified business portfolio provides more cushion for Microsoft in a downturn. For example, Microsoft’s sales from Windows, Xbox and Surface verticals accounts for 36% of total revenue. Compare this with Google where advertising accounts for 86% of sales.
Microsoft unsuccessfully tried to enter the smartphone space with the Windows phone. Its now trained its guns on high growth areas such as artificial intelligence, cloud, and cross-platform technologies.
Can Microsoft beat Apple to $1T?
We’ve seen that growth concerns for the iPhone coupled with macroeconomic uncertainty in terms of the tariff war will continue to weigh in on Apple’s stock price. Apple’s sales are expected to rise by 5.2% to $279.3B in 2019 and 4.2% to $291.14B in 2020.
Comparatively, Microsoft’s sales are expected to rise 13% in 2019 and 10.6% in 2020. A higher growth rate might benefit Microsoft’s share price especially when uncertainty looms large over Apple.
Airbnb Experiences: 5 Easy Ways To Make Extra Cash Today
Airbnb Experiences: 5 Easy Ways To Make Extra Cash Today
Airbnb is a great way to earn money by renting out your home or apartment.
However, did you know that you can also make money by offering experiences on Airbnb? Here are five easy ways to make extra cash today by creating and offering Airbnb experiences.
1. Offer a food tour
If you love food, why not share your passion with others? Create a food tour experience in your city, showcasing the best local cuisine. You can offer a walking tour or a bike tour, and include stops at local markets, restaurants, and cafes. This is a great way to meet new people and earn money at the same time.
2. Teach a skill or hobby
Do you have a skill or hobby that you’re passionate about? Share your knowledge with others by offering an experience on Airbnb. You can teach anything from photography to cooking to yoga. People are always looking for new experiences, and they’re willing to pay for them.
3. Host a cultural event
If you come from a different culture, why not share it with others? Host a cultural event, such as a traditional dance, music, or art class. This is a great way to showcase your culture and make some extra cash.
4. Offer a nature experience
If you live in a beautiful area, offer a nature experience on Airbnb. You can offer a hiking tour, a kayaking trip, or a birdwatching tour. People love to get out into nature, and they’re willing to pay for it.
5. Host a wellness retreat
If you’re passionate about wellness, why not host a retreat? You can offer yoga classes, meditation sessions, and healthy meals. This is a great way to help people relax and recharge, while earning some extra cash.
In conclusion, offering experiences on Airbnb is a great way to make some extra cash. With these five easy ideas, you can get started today.
For more ideas and tips on how to make money, check out this Airbnb guide inside our academy.
10 Tips for Making More Money with Your Airbnb Listing
If you’re an Airbnb host looking to increase your revenue, there are several strategies you can implement to make your listing more appealing to potential guests.
Here are 10 tips for making more money with your Airbnb listing:
- Set competitive pricing: Research the prices of similar listings in your area to ensure you’re offering a competitive rate. Consider lowering your prices during slow seasons or offering discounts for longer stays.
- Offer extra amenities: Providing extra amenities, such as a pool, hot tub, or complimentary breakfast, can make your listing more attractive to guests and justify a higher price.
- Invest in high-quality photos: High-quality photos of your space can make a big difference in how many bookings you receive. Consider hiring a professional photographer to capture the best aspects of your listing.
- Keep your listing up to date: Make sure your listing accurately reflects the current state of your property. Update your photos, descriptions, and amenities regularly to keep your listing relevant and appealing.
- Respond promptly to inquiries: Quick responses to guest inquiries can lead to more bookings and positive reviews. Make sure to check your messages frequently and respond as soon as possible.
- Provide excellent customer service: Going above and beyond for your guests can lead to positive reviews and repeat bookings. Make sure to communicate clearly and address any issues promptly.
- Offer local recommendations: Providing guests with recommendations for local restaurants, attractions, and activities can enhance their experience and justify a higher price for your listing.
- Allow instant bookings: Allowing guests to book instantly can make your listing more appealing to those who need to book at the last minute. However, make sure to set clear guidelines for instant bookings to avoid any issues.
- Offer discounts for repeat guests: Offering discounts to guests who have stayed with you in the past can encourage repeat bookings and increase your revenue over time.
- Keep your space clean and well-maintained: A clean and well-maintained space can lead to positive reviews and repeat bookings. Make sure to keep your space clean and address any maintenance issues promptly.
Implementing these 10 tips can help you make more money with your Airbnb listing and improve your overall hosting experience. Happy hosting!
How Big Real Estate Moguls Avoid Taxes (And How You Can, Too) 👀
I was looking around Google for an old article on tax strategies and this five-year old video of myself happened to pop up.
I’m interviewing a tax expert about how real estate investors avoid paying taxes in perpetuity—AND how everyday citizens can do the same thing.
(Real estate—our TEMPLE I and TEMPLE II projects included—has a number of tax benefits savvy investors have capitalized on for years, including Opportunity Zone breaks and 10-year tax abatements.)
There’s the 1031 exchange, of course, which I’ve shared with you guys before.
Just to refresh your memory, the 1031 Exchange allows you to roll over gains from your last project into a new property TAX FREE—as long as said property is worth the same or more.
But there’s ANOTHER TAX LOOPHOLE that can take your portfolio to an entirely new level by splitting your capital gains into MULTIPLE properties.
So I thought I’d share it with you guys. 💎
You can check it out here.
Let me know what you think. 😎
PS: In our next update, I’m going to break down how real estate moguls get paid from their properties…tax free. 👀
PPS: If you want to learn how to implement generational wealth strategies like this one, you can join our NYCE wealth academy (TRIBE U) here.
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