Apple Inc. and Fortinet, Inc.: A Detailed Gross Profit Analysis

Apple vs. Fortinet: A Decade of Profit Growth

__timestampApple Inc.Fortinet, Inc.
Wednesday, January 1, 201470537000000539355000
Thursday, January 1, 201593626000000722491000
Friday, January 1, 201684263000000937606000
Sunday, January 1, 2017881860000001109646000
Monday, January 1, 20181018390000001350800000
Tuesday, January 1, 2019983920000001650300000
Wednesday, January 1, 20201049560000002024400000
Friday, January 1, 20211528360000002559200000
Saturday, January 1, 20221707820000003332500000
Sunday, January 1, 20231691480000004067600000
Monday, January 1, 20241806830000004798200000
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Cracking the code

A Tale of Two Giants: Apple Inc. vs. Fortinet, Inc.

In the ever-evolving landscape of technology, Apple Inc. and Fortinet, Inc. have carved distinct niches. From 2014 to 2023, Apple's gross profit surged by approximately 140%, showcasing its dominance in the consumer electronics market. In contrast, Fortinet, a leader in cybersecurity, experienced a remarkable 650% increase in gross profit over the same period, reflecting the growing importance of digital security.

Key Insights

  • Apple's Growth: Apple's gross profit peaked in 2024, with a staggering 180 billion, highlighting its continued innovation and market leadership.
  • Fortinet's Rise: Despite being smaller, Fortinet's growth trajectory is impressive, with gross profits reaching over 4 billion by 2023.

This analysis underscores the diverse strategies and market dynamics that drive these tech titans. As we look to the future, both companies are poised to continue their upward trajectories, albeit in different arenas.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025