<p><strong>英伟达</strong>( NVDA 1.39%) 目前是全球最有价值的公司，而 <strong>苹果</strong>( AAPL +4.88%) 再次接近。截至目前，英伟达的市值约为 4.7 万亿美元，比苹果的 4.5 万亿美元高出约 1900 亿美元，约 4%。苹果在周四缩小了大部分差距，因有报道称其 iPhone 产品线扩展，股价上涨近 5%，而英伟达则因芯片股的整体抛售而下滑。</p>
<p>那么，苹果这个月能否重新夺回王冠？以下是两者的对比。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc0NDYvYXBwbGUtc3RvY2stdnMtbnZkYS5qcGcmdz0zODQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc0NDYvYXBwbGUtc3RvY2stdnMtbnZkYS5qcGcmdz0zODQw"/></p>
<p>图片来源：苹果。</p>
<h2>英伟达：更快的增长，更便宜的股票</h2>
<p>就商业势头而言，英伟达 独占鳌头。在其 2027 财年第一季度（截至 2026 年 4 月 26 日的期间），收入同比增长 85%，达到 816 亿美元，数据中心收入创下 752 亿美元的纪录。这家芯片制造商的市盈率约为 30 倍。</p>
<p>争夺王冠的关键在于时机。英伟达直到 8 月底才会再次发布财报，因此本月没有公司催化剂——其股价受制于 人工智能 (AI) 情绪，而这种情绪因对 AI 建设成本的担忧而变得不稳定。正是这种消极情绪让苹果缩小了差距。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="英伟达股票报价" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4"/></p>
<h2>NASDAQ: NVDA</h2>
<p>英伟达</p>
<p>今日变动</p>
<p>(-1.39%) $-2.75</p>
<p>当前价格</p>
<p>$194.84</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$4.7 万亿</p>
<p>日内区间</p>
<p>$192.36 - $200.03</p>
<p>52 周区间</p>
<p>$157.34 - $236.54</p>
<p>成交量</p>
<p>560 万</p>
<p>平均成交量</p>
<p>1.59 亿</p>
<p>毛利率</p>
<p>74.15%</p>
<p>股息收益率</p>
<p>0.14%</p>
<p>值得强调的是，芯片股的抛售是出于情绪，而非英伟达的业绩。需求依然强劲；数据中心收入几乎是去年同期的两倍，毛利率保持在 75% 左右。市场担忧的是大型云公司是否能够继续资助如此昂贵的 AI 建设，而不是英伟达的芯片销量是否下降。</p>
<h2>苹果：日历上有催化剂</h2>
<p>苹果的优势在于其业务周期性较低，具有持久的增长机会，因为该公司被视为在 AI 繁荣的成熟阶段更大的受益者，当设备上的 AI 功能变得更加重要时。此外，还有传闻中的可折叠 iPhone 可能在今年秋季发布的潜在催化剂。</p>
<p>这家科技巨头将在 7 月 30 日发布其 2023 财年第三季度财报，预计收入增长 14% 至 17%，并且在此之前已经积累了势头：2023 财年第二季度收入增长 17%，达到 1112 亿美元，iPhone 销售增长 22%。</p>
<p>将强劲的财报与传闻中五款新 iPhone 的发布热潮结合在一起，苹果有了一个具体的短期理由来继续缩小差距。</p>
<p>风险在于你为这种增长支付的代价。苹果的市盈率约为 37 倍——高于英伟达的 30 倍——尽管苹果的增长率为 17%，而英伟达为 85%。换句话说，接近王冠的公司是两者中更昂贵且增长较慢的。</p>
<p>然而，这种溢价估值并不难以理解。苹果的收益比英伟达更稳定。其服务部门产生高利润、经常性收入——并且其周期性远低于一些投资者可能担心的处于支出繁荣顶端的芯片制造商。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0FBUEwucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="苹果股票报价" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0FBUEwucG5nJnc9MTI4"/></p>
<h2>NASDAQ: AAPL</h2>
<p>苹果</p>
<p>今日变动</p>
<p>(4.88%) $14.36</p>
<p>当前价格</p>
<p>$308.74</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$4.5 万亿</p>
<p>日内区间</p>
<p>$293.70 - $309.42</p>
<p>52 周区间</p>
<p>$201.50 - $317.40</p>
<p>成交量</p>
<p>400 万</p>
<p>平均成交量</p>
<p>5390 万</p>
<p>毛利率</p>
<p>47.86%</p>
<p>股息收益率</p>
<p>0.34%</p>
<h2>哪个更值得投资？</h2>
<p>我认为苹果在今年晚些时候更有可能成为两家公司中更大的那一个。它有一个即将到来的催化剂——即将发布的 iPhone，可能包括一款新的可折叠手机——以及一个持久的业务，投资者似乎预计它将稳步增长多年。确实，虽然无法预测未来，但在持续的芯片行业疲软背景下，强劲的 7 月 30 日财报可能会在几周内改变排名。当然，如果财报中包含一些坏消息，也可能对苹果股票不利。</p>
<p>但英伟达的股票很难放弃。这家公司的收入和利润增长令人惊叹。此外，它是两者中更便宜的股票，增长速度几乎是苹果的五倍。</p>
<p>不过，从长远来看，我认为苹果有更大的机会成为更大的公司，而不是短期内。这归结为其相对较低的周期性、忠诚的客户基础，以及随着时间推移在新领域扩展的选择性，考虑到其在全球消费者中的广泛影响。</p>

苹果

英伟达

英伟达期权收益策略 ETF - YieldMax

<p>苹果的市值约比英伟达低 4%，目前市值为 4.5 万亿美元，而英伟达为 4.7 万亿美元。由于有报道称苹果将扩展 iPhone 产品线，苹果最近有所回升，而英伟达则因受到 AI 情绪担忧引发的更广泛芯片股票抛售而下滑。尽管英伟达的增长速度更快且估值倍数较低，但苹果在短期内有催化剂，包括 7 月 30 日即将公布的财报和潜在的新产品发布。分析师表示，如果苹果在行业疲软的情况下交出强劲的业绩，可能会在本月超越英伟达，成为全球最有价值的公司</p>

<p><strong>Nvidia</strong>( NVDA 1.39%) currently holds the title of the world's most valuable company, and <strong>Apple</strong>( AAPL +4.88%) is close again. As of this writing, Nvidia carries a market capitalization of about $4.7 trillion, some $190 billion -- or about 4% -- ahead of Apple at about $4.5 trillion. Apple closed much of the gap on Thursday, jumping nearly 5% on reports of an expanded iPhone lineup, while Nvidia slipped alongside a broader sell-off in chip stocks.</p>
<div class="lb-trans"><p><strong>英伟达</strong>( NVDA 1.39%) 目前是全球最有价值的公司，而 <strong>苹果</strong>( AAPL +4.88%) 再次接近。截至目前，英伟达的市值约为 4.7 万亿美元，比苹果的 4.5 万亿美元高出约 1900 亿美元，约 4%。苹果在周四缩小了大部分差距，因有报道称其 iPhone 产品线扩展，股价上涨近 5%，而英伟达则因芯片股的整体抛售而下滑。</p>
</div><p>So, could Apple retake the crown this month? Here's how the two sides stack up.</p>
<div class="lb-trans"><p>那么，苹果这个月能否重新夺回王冠？以下是两者的对比。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc0NDYvYXBwbGUtc3RvY2stdnMtbnZkYS5qcGcmdz0zODQw" alt="A person using an Apple laptop with two Apple Studio monitors." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F877446%2Fapple-stock-vs-nvda.jpg&amp;w=3840&amp;op=resize"/></p>
<p>Image source: Apple.</p>
<div class="lb-trans"><p>图片来源：苹果。</p>
</div><h2>Nvidia: faster growth, cheaper stock</h2>
<div class="lb-trans"><h2>英伟达：更快的增长，更便宜的股票</h2>
</div><p>As far as its business momentum goes, Nvidia is in a class of its own. In its fiscal first quarter of 2027 (the period ended April 26, 2026), revenue rose 85% year over year to $81.6 billion, with data center revenue setting a record at $75.2 billion. The chipmaker trades at about 30 times earnings.</p>
<div class="lb-trans"><p>就商业势头而言，英伟达 独占鳌头。在其 2027 财年第一季度（截至 2026 年 4 月 26 日的期间），收入同比增长 85%，达到 816 亿美元，数据中心收入创下 752 亿美元的纪录。这家芯片制造商的市盈率约为 30 倍。</p>
</div><p>The catch for the crown race is timing. Nvidia doesn't report again until late August, so it has no company catalyst this month -- its share price is at the mercy of artificial intelligence (AI) sentiment, which has turned jumpy on worries about how much the AI build-out will cost. That souring mood is exactly what let Apple close the gap.</p>
<div class="lb-trans"><p>争夺王冠的关键在于时机。英伟达直到 8 月底才会再次发布财报，因此本月没有公司催化剂——其股价受制于 人工智能 (AI) 情绪，而这种情绪因对 AI 建设成本的担忧而变得不稳定。正是这种消极情绪让苹果缩小了差距。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4" alt="Nvidia Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FNVDA.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: NVDA</h2>
<div class="lb-trans"><h2>NASDAQ: NVDA</h2>
</div><p>Nvidia</p>
<div class="lb-trans"><p>英伟达</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-1.39%) $-2.75</p>
<div class="lb-trans"><p>(-1.39%) $-2.75</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$194.84</p>
<div class="lb-trans"><p>$194.84</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$4.7T</p>
<div class="lb-trans"><p>$4.7 万亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$192.36 - $200.03</p>
<div class="lb-trans"><p>$192.36 - $200.03</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$157.34 - $236.54</p>
<div class="lb-trans"><p>$157.34 - $236.54</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>5.6M</p>
<div class="lb-trans"><p>560 万</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>159M</p>
<div class="lb-trans"><p>1.59 亿</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>74.15%</p>
<div class="lb-trans"><p>74.15%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.14%</p>
<div class="lb-trans"><p>0.14%</p>
</div><p>It's worth stressing that the chip-stock sell-off is about sentiment, not Nvidia's results. Demand still looks ferocious; data center revenue nearly doubled from a year earlier, and gross margin held around 75%. The worry weighing on the group is whether the big cloud companies can keep funding an AI build-out this expensive, not whether Nvidia is selling fewer chips.</p>
<div class="lb-trans"><p>值得强调的是，芯片股的抛售是出于情绪，而非英伟达的业绩。需求依然强劲；数据中心收入几乎是去年同期的两倍，毛利率保持在 75% 左右。市场担忧的是大型云公司是否能够继续资助如此昂贵的 AI 建设，而不是英伟达的芯片销量是否下降。</p>
</div><h2>Apple: a catalyst is on the calendar</h2>
<div class="lb-trans"><h2>苹果：日历上有催化剂</h2>
</div><p>Apple's edge is a less cyclical business with a durable growth opportunity, as the company is seen as a bigger AI beneficiary deeper into the AI boom's maturity, when on-device AI features become more important. Then there's the potential catalyst of a rumored foldable iPhone that may be debuted this fall.</p>
<div class="lb-trans"><p>苹果的优势在于其业务周期性较低，具有持久的增长机会，因为该公司被视为在 AI 繁荣的成熟阶段更大的受益者，当设备上的 AI 功能变得更加重要时。此外，还有传闻中的可折叠 iPhone 可能在今年秋季发布的潜在催化剂。</p>
</div><p>The tech giant notably reports its fiscal third-quarter results on July 30, with guidance for 14% to 17% revenue growth, and it enters that print with momentum: fiscal second-quarter revenue grew 17% to $111.2 billion, led by a 22% jump in iPhone sales.</p>
<div class="lb-trans"><p>这家科技巨头将在 7 月 30 日发布其 2023 财年第三季度财报，预计收入增长 14% 至 17%，并且在此之前已经积累了势头：2023 财年第二季度收入增长 17%，达到 1112 亿美元，iPhone 销售增长 22%。</p>
</div><p>Pair a strong report with the buzz around a rumored release of five new iPhones, and Apple has a concrete near-term reason for the gap to keep narrowing.</p>
<div class="lb-trans"><p>将强劲的财报与传闻中五款新 iPhone 的发布热潮结合在一起，苹果有了一个具体的短期理由来继续缩小差距。</p>
</div><p>The risk is what you pay for that growth. Apple trades at about 37 times earnings -- richer than Nvidia's 30 -- despite growing 17% against Nvidia's 85%. In other words, the company closing in on the crown is the more expensive and slower-growing of the two.</p>
<div class="lb-trans"><p>风险在于你为这种增长支付的代价。苹果的市盈率约为 37 倍——高于英伟达的 30 倍——尽管苹果的增长率为 17%，而英伟达为 85%。换句话说，接近王冠的公司是两者中更昂贵且增长较慢的。</p>
</div><p>This premium valuation, however, isn't hard to understand. Apple's earnings are steadier than Nvidia's. Its services arm throws off high-margin, recurring revenue -- and it carries far less cyclicality than a chipmaker sitting at what some investors may fear is near the top of a spending boom.</p>
<div class="lb-trans"><p>然而，这种溢价估值并不难以理解。苹果的收益比英伟达更稳定。其服务部门产生高利润、经常性收入——并且其周期性远低于一些投资者可能担心的处于支出繁荣顶端的芯片制造商。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0FBUEwucG5nJnc9MTI4" alt="Apple Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FAAPL.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: AAPL</h2>
<div class="lb-trans"><h2>NASDAQ: AAPL</h2>
</div><p>Apple</p>
<div class="lb-trans"><p>苹果</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(4.88%) $14.36</p>
<div class="lb-trans"><p>(4.88%) $14.36</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$308.74</p>
<div class="lb-trans"><p>$308.74</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$4.5T</p>
<div class="lb-trans"><p>$4.5 万亿</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$293.70 - $309.42</p>
<div class="lb-trans"><p>$293.70 - $309.42</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$201.50 - $317.40</p>
<div class="lb-trans"><p>$201.50 - $317.40</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>4M</p>
<div class="lb-trans"><p>400 万</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>53.9M</p>
<div class="lb-trans"><p>5390 万</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>47.86%</p>
<div class="lb-trans"><p>47.86%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.34%</p>
<div class="lb-trans"><p>0.34%</p>
</div><h2>Which is the better bet?</h2>
<div class="lb-trans"><h2>哪个更值得投资？</h2>
</div><p>I believe Apple has the better shot of being the bigger of the two companies later on this year. It has a catalyst on the horizon -- an upcoming iPhone launch that could include a new foldable phone) -- and a durable business that investors seem to expect to steadily compound for years. Indeed, while there's no way to predict the future, a strong July 30 earnings report set against continued chip-sector weakness could flip the ranking within weeks. Of course, an earnings report could work against Apple stock, too, if it includes some bad news.</p>
<div class="lb-trans"><p>我认为苹果在今年晚些时候更有可能成为两家公司中更大的那一个。它有一个即将到来的催化剂——即将发布的 iPhone，可能包括一款新的可折叠手机——以及一个持久的业务，投资者似乎预计它将稳步增长多年。确实，虽然无法预测未来，但在持续的芯片行业疲软背景下，强劲的 7 月 30 日财报可能会在几周内改变排名。当然，如果财报中包含一些坏消息，也可能对苹果股票不利。</p>
</div><p>But Nvidia stock is hard to pass up. The company's soaring top and bottom lines are nothing short of astounding. In addition, it is the cheaper of the two stocks and is growing nearly five times as fast.</p>
<div class="lb-trans"><p>但英伟达的股票很难放弃。这家公司的收入和利润增长令人惊叹。此外，它是两者中更便宜的股票，增长速度几乎是苹果的五倍。</p>
</div><p>Still, in the longer term, I think Apple has an even greater chance of being the bigger company than it does in the short term. And this boils down to its comparatively lower cyclicality, its loyal customer base, and its optionality to expand into new areas over time, given its global reach among consumers.</p>
<div class="lb-trans"><p>不过，从长远来看，我认为苹果有更大的机会成为更大的公司，而不是短期内。这归结为其相对较低的周期性、忠诚的客户基础，以及随着时间推移在新领域扩展的选择性，考虑到其在全球消费者中的广泛影响。</p>
</div>

Apple Is About 4% Away From Overtaking Nvidia as the World's Most Valuable Company. Could It Happen This Month?

- Nvidia 目前市值约 4.7 万亿美元，领先于苹果的 4.5 万亿美元。  
- 苹果预计在 7 月 30 日发布财报，营收增长预测为 14% 至 17%。  
- Nvidia 成长迅速且股价相对便宜，而苹果则面临较高估值和更稳定的收入。

Motley Fool

2 倍做多 NVDA ETF - T-Rex

南方两倍做空英伟达

苹果每日 1 倍做空 ETF - Direxion

2 倍做多英伟达 ETF - GraniteShares

1.5 倍做空英伟达 ETF - Tradr

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1 倍做空英伟达 ETF - Direxion

2 倍做空 NVDA ETF - T-Rex

T-Rex 2X Long Apple Daily Target ETF

南方两倍做多英伟达

2 倍做多英伟达 ETF - Direxion

2 倍做空 NVDA ETF - GraniteShares

苹果每日 2 倍做多 ETF - Direxion

AAPL 周收益 ETF - Roundhill

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2 倍做多 MAG7 指数 ETF - Roundhill

ProShares Ultra NVDA

2 倍做多英伟达 ETF - Leverage Shares

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NVDA 周配息 ETF - Roundhill

GraniteShares YieldBOOST NVDA ETF

xETFs NVDA Daily Income ETF

NVDA 期权收益策略 ETF - YieldMax

XI二南英伟-U

半导体 ETF - VanEck Vectors

费城交易所 半导体 ETF - iShares

半导体 3 倍做多 - Direxion

Invesco PHLX Semiconductor ETF

标普半导体 ETF - SPDR

动态半导体 ETF - Invesco

纳斯达克半导体 ETF - First Trust

NVIDIA Corporation

苹果距离超越英伟达成为全球最有价值公司仅差约 4%。这可能会在本月发生吗？