VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Apple Inc. vs Adobe Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Apple Inc.

AAPL · The Nasdaq Stock Market LLC

Market cap (USD)$4.6T
Gross margin (TTM)47.9%
Operating margin (TTM)32.6%
Net margin (TTM)27.2%
SectorTechnology
IndustryConsumer Electronics
CountryUS
Data as of2026-05-26
Moat score
91/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Apple Inc.'s moat claims, evidence, and risks.

View AAPL analysis

Adobe Inc.

ADBE · NASDAQ

Market cap (USD)$96.4B
Gross margin (TTM)89.1%
Operating margin (TTM)36.7%
Net margin (TTM)29.5%
SectorTechnology
IndustrySoftware - Application
CountryUS
Data as of2026-05-26
Moat score
68/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Adobe Inc.'s moat claims, evidence, and risks.

View ADBE analysis

Comparison highlights

  • Moat score gap: Apple Inc. leads (91 / 100 vs 68 / 100 for Adobe Inc.).
  • Segment focus: Apple Inc. has 5 segments (55.8% in iPhone); Adobe Inc. has 3 segments (74.3% in Digital Media).
  • Moat breadth: Apple Inc. has 8 moat types across 3 domains; Adobe Inc. has 4 across 2.

Primary market context

Apple Inc.

iPhone

Market

Global smartphones, with premium-smartphone over-index

Geography

Global

Customer

Consumers, carriers, enterprises, and government buyers

Role

Branded device OEM, operating-system owner, and platform gateway

Revenue share

55.8%

Adobe Inc.

Digital Media

Market

Creative content creation and document productivity software subscriptions

Geography

Global

Customer

Individuals, SMB, enterprise

Role

Software platform

Revenue share

74.3%

Side-by-side metrics

Apple Inc.
Adobe Inc.
Ticker / Exchange
AAPL - The Nasdaq Stock Market LLC
ADBE - NASDAQ
Market cap (USD)
$4.6T
$96.4B
Gross margin (TTM)
47.9%
89.1%
Operating margin (TTM)
32.6%
36.7%
Net margin (TTM)
27.2%
29.5%
Sector
Technology
Technology
Industry
Consumer Electronics
Software - Application
HQ country
US
US
Primary segment
iPhone
Digital Media
Market structure
Oligopoly
Oligopoly
Market share
20%-22% (estimated)
n/a
HHI estimate
n/a
n/a
Pricing power
Strong
Strong
Moat score
91 / 100
68 / 100
Moat domains
Network, Demand, Supply
Demand, Network
Last update
2026-05-26
2026-05-26

Moat coverage

Shared moat types

Ecosystem ComplementsSuite BundlingData Workflow Lockin

Apple Inc. strengths

Brand TrustSupply Chain ControlKeystone ComponentSwitching Costs GeneralDefault OS Gateway

Adobe Inc. strengths

De Facto Standard

Segment mix

Apple Inc. segments

Full profile >

iPhone

Oligopoly

55.8%

Mac

Oligopoly

6.6%

iPad

Oligopoly

6.1%

Wearables, Home and Accessories

Oligopoly

7.6%

Services

Quasi-Monopoly

23.9%

Adobe Inc. segments

Full profile >

Digital Media

Oligopoly

74.3%

Digital Experience

Competitive

24.7%

Publishing and Advertising

Competitive

1.1%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.