Apple Inc. vs QUALCOMM Incorporated: Annual Revenue Growth Compared

A Decade of Revenue Growth: Apple Inc. vs. QUALCOMM Incorporated

In the ever-evolving tech industry, Apple Inc. and QUALCOMM Incorporated have been at the forefront of innovation and growth. Over the past decade, from 2014 to 2024, these giants have demonstrated remarkable revenue trajectories. Apple Inc. has seen its annual revenue grow by approximately 114%, starting from $183 billion in 2014 to an impressive $391 billion in 2024. This growth underscores Apple's dominance in the consumer electronics market, driven by its iconic products and ecosystem.

On the other hand, QUALCOMM Incorporated, a leader in wireless technology, has experienced a steady revenue increase of about 47% over the same period, from $26 billion to $39 billion. This growth reflects QUALCOMM's pivotal role in the mobile and semiconductor industries, particularly with the rise of 5G technology.

While both companies have shown resilience and adaptability, Apple's revenue growth outpaces QUALCOMM's, highlighting its expansive market reach and consumer loyalty.