Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology, Apple Inc. and Monolithic Power Systems, Inc. stand as titans, each with a unique narrative. Over the past decade, Apple's cost of revenue has surged by approximately 88%, reflecting its expansive growth and market dominance. From 2014 to 2023, Apple's cost of revenue climbed from $112 billion to $214 billion, peaking in 2022. This growth underscores Apple's relentless innovation and global reach.

Conversely, Monolithic Power Systems, Inc., a leader in power solutions, has seen its cost of revenue grow by over 500% from 2014 to 2023, albeit on a smaller scale. Starting at $130 million, it reached nearly $800 million by 2023. This remarkable growth highlights the increasing demand for efficient power solutions in a tech-driven world.

While Apple's data for 2024 is available, Monolithic Power Systems' figures remain elusive, leaving room for speculation on its future trajectory.