The 1980s saw the emergence of Apple and Microsoft as major global technology players. It was PC versus Mac; Steve Jobs versus Bill Gates. Fast forward to today and Microsoft is the world's largest company with a market value of just over US$ 1 trillion. Apple is not far behind, worth just under US$900bn.
But how have these companies evolved over the decades? How have their business models changed? And how do these businesses stack up as investment propositions today?
In part one of this three-part podcast series on the US technology stocks known as M-FAANG (Microsoft, Facebook, Apple, Amazon, Netflix and Google), EL&C Baillieu analyst Nick Burgess speaks in-depth with Stefan Marcionetti, Portfolio Manager at leading global asset manager Magellan Financial Group.
Tune in to hear how traditional rivals Microsoft and Apple are dominating the new economy.