S&P 500 comparison · Information Technology

Apple Inc. vs Dell Technologies

Prices at close . Model readings .

Apple Inc.

$343.83−0.94%
Month: positiveLong run: neutral

Dell Technologies

$493.79−1.63%
Month: positiveLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Apple Inc. is the larger company by market value ($5.06T against $321.95B). Over the past year Apple Inc. returned +28.4% and Dell Technologies +207.2%, while the S&P 500 returned +12.7%. The latest filed P/E is 35.3 for Apple Inc. and 29.7 for Dell Technologies, and the operating margin 32.6% against 11.5%. Over the next 21 sessions the model expects +1.07% for Apple Inc., with a 69% chance of a rise, and +0.05% for Dell Technologies, with a 60% chance. Apple Inc.'s long-run fair value is $329.80, a gap of −4.1% to its price; the long-run model view is neutral. Dell Technologies' long-run fair value is $498.79, a gap of +1% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
AAPL+1.07%
DELL+0.05%
Chance of a risenext 21 sessions
AAPL69%
DELL60%
Expected returnnext 63 sessions
AAPL+1.87%
DELL+2.16%
Range of outcomes63 sessions, 80% band
AAPL−21% to +24.7%
DELL−46.9% to +51.2%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
AAPL$329.8028 Oct 2026
DELL$498.7928 Oct 2026
Gap to pricefair value against the close
AAPL−4.1%
DELL+1%
Past readings that matchedsign of the 21-session outcome
AAPL55%of 269
DELL59.1%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
AAPL+4.4%
DELL−8.5%
6 monthsS&P 500: +8.5%
AAPL+27.5%
DELL+140.5%
Year to dateS&P 500: +13.3%
AAPL+26.8%
DELL+295.9%
1 yearS&P 500: +12.7%
AAPL+28.4%
DELL+207.2%
5 yearsS&P 500: +70.7%
AAPL+136.2%
DELL+860.7%
1 year against the S&P 500percentage points
AAPL+15.7 pts
DELL+194.5 pts
Position in the 52-week range0% low, 100% high
AAPL93%close $343.83 in $242.76 to $351.73
DELL79%close $493.79 in $109.70 to $595.51
Against the 200-day average
AAPL+16.4%
DELL+50.8%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (AAPL), (DELL)
Market value
AAPL$5.06T28 Oct 2026
DELL$321.95B28 Oct 2026
Enterprise valueat the last filing
AAPL$4.21T27 Jun 2026
DELL$287.20B31 Jul 2026
P/Elatest filed
AAPL35.3
DELL29.7
Price to book
AAPL38.84
DELL-185.21
EV / EBITDA
AAPL27.40
DELL19.40
Free cash flow yield
AAPL3.27%
DELL3.24%
Dividend yield
AAPL0.37%
DELL0.59%
Questions

Apple Inc. or Dell Technologies: common questions

Which is larger by market value, Apple Inc. or Dell Technologies?

Apple Inc., at $5.06T against $321.95B for Dell Technologies, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Apple Inc. or Dell Technologies?

Apple Inc. has the higher latest filed P/E, 35.3; Dell Technologies' is 29.7. Filings: quarter to 27 Jun 2026 and 31 Jul 2026.

How did Apple Inc. and Dell Technologies move over the past year against the S&P 500?

Over the past year Apple Inc. returned +28.4% and Dell Technologies +207.2%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Apple Inc. and Dell Technologies over the next month?

+1.07% for Apple Inc. with a 69% chance of a rise, and +0.05% for Dell Technologies with a 60% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Apple Inc. and Dell Technologies compare?

The operating margin is 32.6% for Apple Inc. and 11.5% for Dell Technologies, and the gross margin 50.1% against 20.9%. Filings: quarter to 27 Jun 2026 and 31 Jul 2026.

Do Apple Inc. and Dell Technologies shares move together?

Over the past year the correlation of their daily returns was 0.01 (mostly independent); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesApple Inc. (AAPL) forecast and analysisDell Technologies (DELL) forecast and analysis
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Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.