These Traders Pick Apple Inc. (AAPL) Over Cisco Systems, Inc. (CSCO)

Apple Inc. (NASDAQ:AAPL) and Cisco Systems, Inc. (NASDAQ:CSCO) were pitted against each other in the second round of CNBC’s Fast Money Madness and it is no surprise that the iPhone maker won in the eyes of the Fast Money traders.

Not one picking Cisco Systems, Inc. (NASDAQ:CSCO)Apple Inc. (NASDAQ:AAPL) was praised to the high heavens by the four-member panel that determines which among the two will be advancing to the next round in the competition where the traders pick which stock is the best bet among a field of highly attractive names in tech.

According to Tim Seymour, Apple Inc. (NASDAQ:AAPL) came into the Fast Money Madness tournament “clicking on all cylinders”. He takes note of the fact that the iPhone maker is dominating competition at every turn. Its chief rival in smartphones, Samsung Electronics, is falling behind in market share.

Seymour says that the firm has both fast and slow games in their playbook. Apple is adapting and they get down the court fast, he adds. In contrast, Cisco Systems, Inc. (NASDAQ:CSCO), Seymour says, is a challenged company.

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Meanwhile, David Seaburg says he loves the iPhone maker. He says that he thinks people are underestimating the tail demand for the newest models of the firm’s smartphone, the iPhone 6 and iPhone 6 Plus.

Seaburg also notes that there is strong usage of Apple Pay in addition to what he thinks will be better than expected adoption for Apple Inc. (NASDAQ:AAPL)’s upcoming Apple Watch. He says he like Apple long term while he thinks Cisco Systems, Inc. (NASDAQ:CSCO) is “dead money”.

Karen Finerman also casts her vote for Apple. She says that the firm holds a premier world-class franchise and its stock is priced reasonably. Furthermore, Tim Cook is allocating capital in a better way to shareholder, more so than Steve Jobs did, she says.

Guy Adami also voted for the iPhone maker because he says they have a better management team, balance sheet and products.

Philippe Laffont’s Coatue Management owned about 8.89 million Apple Inc. (NASDAQ:AAPL) shares by the end of 2014. Also by the end of last year, Donald Yacktman’s Yacktman Asset Management owned about 57.13 million shares in Cisco Systems, Inc. (NASDAQ:CSCO).

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