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Besides growth, Nvidia also has much higher profit margins. In Q1 2024, Apple's margins were 42% gross, 26% net, versus Nvidia's 78% gross, 57% net. May or may
by mjn 2y ago
Besides growth, Nvidia also has much higher profit margins. In Q1 2024, Apple's margins were 42% gross, 26% net, versus Nvidia's 78% gross, 57% net. May or may not be sustainable, but for now Nvidia's basically printing money.
- shreezus 2y agoAlso Nvidia's capex is insanely low relative to the other big techs. They are literally printing money.