Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology and financial services, Apple Inc. and Fidelity National Information Services, Inc. (FIS) stand as titans in their respective fields. Over the past decade, Apple's cost of revenue has seen a remarkable increase, growing by approximately 88% from 2014 to 2023. This reflects Apple's relentless innovation and expansion in the global market. In contrast, FIS, a leader in financial technology, experienced a more modest growth of around 42% in its cost of revenue during the same period, highlighting its steady yet impactful presence in the financial sector.

Interestingly, 2024 data for FIS is missing, which could indicate a shift or transformation within the company. As we delve into these figures, it becomes evident that while both companies operate in different arenas, their financial trajectories offer valuable insights into their strategic priorities and market dynamics.