Apple vs. Alphabet: ¿Qué gigante tecnológico impulsado por IA ofrece un valor superior a largo plazo?

The race to dominate the artificial intelligence (AI) landscape has intensified in 2025, with Apple and Alphabet emerging as two of the most influential players. Both companies are leveraging AI to reshape their ecosystems, but their approaches-and financial trajectories-differ significantly. For investors seeking long-term value, the question is clear: Which tech giant is better positioned to capitalize on the AI revolution?

Valuation and Growth Momentum: Alphabet Edges Ahead

Alphabet has outperformed Apple in key financial metrics, offering a more compelling valuation and growth profile. In Q2 2025, Alphabet reported a 14% year-over-year revenue increase and a 22% rise in diluted EPS, outpacing Apple's 10% revenue growth and 12% EPS growth in Q3 FY2025. This momentum is reflected in their forward P/E ratios: Alphabet trades at 23.65, while Apple's 32.47 suggests the market is paying a premium for its slower growth.

According to a report by Seeking Alpha, Alphabet's lower valuation combined with its stronger earnings growth makes it a more attractive option for investors prioritizing price-to-earnings efficiency. Meanwhile, Apple's premium valuation is justified by its loyal customer base and hardware ecosystem, but it raises questions about whether the stock is overpriced relative to its current growth trajectory.

AI Integration: Alphabet's Innovation Edge

Alphabet's AI advancements in 2025 have been nothing short of transformative. The launch of Gemini 3.0, a multimodal AI model capable of advanced problem-solving and dynamic visual layout generation, marks a significant leap in AI capabilities. Gemini 3.0 is already integrated into Google Search and the Gemini app, enhancing search results and user engagement. Additionally, Nano Banana Pro, a high-fidelity image generation tool built on Gemini 3.0, has positioned Alphabet as a leader in creative AI tools.

Alphabet's commitment to infrastructure further solidifies its AI advantage. A $40 billion investment in Texas for AI and cloud infrastructure underscores its intent to scale its data centers and maintain a competitive edge in AI-driven services. This strategic move aligns with the growing demand for compute-heavy AI applications, ensuring Alphabet remains at the forefront of the industry.

Apple, while making strides in AI, has taken a more measured approach. The company is nearing a $1 billion annual partnership with Alphabet to integrate Gemini AI into Siri, a critical step in modernizing its voice assistant according to TechStor Technology. This collaboration, set to launch with iOS 26.4 in 2026, highlights Apple's reliance on external AI expertise while it develops its own large cloud model, expected by late 2026. At WWDC 2025, Apple unveiled features like an AI-powered workout coach, live translation in Messages and FaceTime, and Image Playground enhancements with ChatGPT integrations according to TechCrunch. These updates, while impressive, are incremental compared to Alphabet's bold AI bets.

Strategic Considerations: Ecosystem vs. Innovation

Apple's strength lies in its tightly integrated hardware-software ecosystem. The upcoming M4 Macs and iPad Pro with Apple Intelligence demonstrate the company's ability to deliver premium, AI-enhanced devices that drive long-term customer loyalty. However, Apple's closed ecosystem and slower AI development cycle may limit its ability to compete with Alphabet's rapid iteration and open-platform strategies.

Alphabet, by contrast, is betting on AI as a universal enabler. Its investments in Gemini 3.0, search overviews, and cloud infrastructure position it to monetize AI across advertising, enterprise, and consumer markets. As noted in a Financial Modeling Prep analysis, Alphabet's approach to AI is more scalable and diversified, reducing reliance on any single product line.

Conclusion: Alphabet as the Stronger Long-Term Bet

While Apple's ecosystem and hardware innovation remain formidable, Alphabet's superior financial performance, aggressive AI investments, and more attractive valuation make it the stronger choice for long-term investors. Alphabet's ability to integrate AI into core services like Google Search and its $40 billion infrastructure push demonstrate a clear path to sustained growth. Apple, though resilient, faces challenges in catching up to Alphabet's AI momentum without compromising its premium brand identity.

For investors prioritizing AI-driven value creation, Alphabet's forward-looking strategy and execution provide a compelling case. However, Apple's ecosystem advantages and hardware roadmap should not be overlooked, particularly for those seeking diversified exposure to the tech sector.