Something to consider amid all the hand-wringing over the recent downdraft in Appleâs share price, and concerns that the company has finally been outflanked by Samsung. The South Korean companyâs ascendency is very recent and, when measured by stock price, not nearly as pronounced as one might think.
Samsungâs stock trades on the South Korean stock exchange, so itâs not often mentioned in the typical Apple vs. Samsung smartphone smackdown story. But itâs worth mentioning, because the big picture story here really isnât one in which Samsung beats Apple into submission.
So consider this: According to figures pulled together by Bespoke Investment Group and helpfully flagged by Tiernan Ray over at Barrons, Appleâs share price has risen 5,749 percent over the last decade. Meanwhile, Samsungâs stock has increased just 373 percent. Itâs only since March of 2012 that Samsung shares have outperformed Appleâs; theyâre up 22 percent, Appleâs are down 27 percent.
Yes, Samsung plays in far, far more markets than Apple. And no, you canât even buy Samsung shares in the United States (no American depositary receipt). So there are plenty of caveats here (Past performance does not guarantee future returns!). Still, itâs an interesting comparison given the rivarly between the two companies. As Bespoke notes, âEven with its recent pullback, Apple has crushed Samsung over the last ten years.â
True. Not that that will temper the marketâs âwhat have you done for me latelyâ view of Appleâs performance. Fun comparison to consider, though.
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