VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Apple Inc. vs QUALCOMM Incorporated

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

QUALCOMM Incorporated

QCOM · NASDAQ Global Select Market

Market cap (USD)$243.3B
Gross margin (TTM)54.8%
Operating margin (TTM)25.5%
Net margin (TTM)22.3%
SectorTechnology
IndustrySemiconductors
CountryUS
Data as of2025-12-30
Moat score
70/ 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 QUALCOMM Incorporated's moat claims, evidence, and risks.

View QCOM analysis

Comparison highlights

  • Moat score gap: Apple Inc. leads (91 / 100 vs 70 / 100 for QUALCOMM Incorporated).
  • Segment focus: Apple Inc. has 5 segments (55.8% in iPhone); QUALCOMM Incorporated has 4 segments (62.8% in Handset chipsets (Snapdragon platforms)).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Strong vs Moderate.
  • Moat breadth: Apple Inc. has 8 moat types across 3 domains; QUALCOMM Incorporated has 7 across 4.

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%

QUALCOMM Incorporated

Handset chipsets (Snapdragon platforms)

Market

Smartphone application processors and cellular modem/RF platforms

Geography

Global

Customer

Smartphone OEMs

Role

fabless semiconductor/platform supplier

Revenue share

62.8%

Side-by-side metrics

Apple Inc.
QUALCOMM Incorporated
Ticker / Exchange
AAPL - The Nasdaq Stock Market LLC
QCOM - NASDAQ Global Select Market
Market cap (USD)
$4.6T
$243.3B
Gross margin (TTM)
47.9%
54.8%
Operating margin (TTM)
32.6%
25.5%
Net margin (TTM)
27.2%
22.3%
Sector
Technology
Technology
Industry
Consumer Electronics
Semiconductors
HQ country
US
US
Primary segment
iPhone
Handset chipsets (Snapdragon platforms)
Market structure
Oligopoly
Oligopoly
Market share
20%-22% (estimated)
22%-26% (estimated)
HHI estimate
n/a
n/a
Pricing power
Strong
Moderate
Moat score
91 / 100
70 / 100
Moat domains
Network, Demand, Supply
Supply, Network, Demand, Legal
Last update
2026-05-26
2025-12-30

Moat coverage

Shared moat types

Ecosystem ComplementsKeystone Component

Apple Inc. strengths

Brand TrustSupply Chain ControlSwitching Costs GeneralDefault OS GatewaySuite BundlingData Workflow Lockin

QUALCOMM Incorporated strengths

Capex Knowhow ScaleDesign In QualificationScope EconomiesIP Choke PointLong Term Contracts

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%

QUALCOMM Incorporated segments

Full profile >

Handset chipsets (Snapdragon platforms)

Oligopoly

62.8%

Automotive silicon (connectivity, digital cockpit, ADAS/AD)

Oligopoly

8.9%

IoT silicon (consumer, industrial, edge networking)

Competitive

14.9%

Wireless technology licensing (cellular SEPs, royalties)

Oligopoly

12.6%

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.