Apple Inc. (AAPL) vs Micron Technology, Inc. (MU)

Apple Inc. is one of the world’s largest companies, offering a broad portfolio of hardware and software products for both consumers and businesses. The iPhone accounts for the majority of Apple’s revenue, while products such as the Mac, iPad, and Apple Watch are built around the iPhone as the centerpiece of a wide-reaching software ecosystem. Over time, Apple has expanded its offerings with new services and applications, including streaming video, subscription bundles, and augmented reality. The company designs its own software and semiconductors, while relying on manufacturing partners such as Foxconn and TSMC to produce its devices and chips. Slightly less than half of Apple’s sales are generated through its flagship retail stores, with most revenue coming indirectly through partnerships and distribution channels.

Micron Technology is one of the world’s largest semiconductor companies, focused on memory and storage chips. Its main source of revenue comes from dynamic random access memory (DRAM), while it also maintains smaller exposure to NAND flash memory. Micron serves a global customer base, supplying chips for data centers, mobile devices, consumer electronics, as well as industrial and automotive applications. The company operates as a vertically integrated business.