Gross Profit Comparison: Apple Inc. and Cadence Design Systems, Inc. Trends

Apple vs. Cadence: A Decade of Financial Growth

__timestampApple Inc.Cadence Design Systems, Inc.
Wednesday, January 1, 2014705370000001357226000
Thursday, January 1, 2015936260000001463638000
Friday, January 1, 2016842630000001559591000
Sunday, January 1, 2017881860000001705642000
Monday, January 1, 20181018390000001879275000
Tuesday, January 1, 2019983920000002069962000
Wednesday, January 1, 20201049560000002377393000
Friday, January 1, 20211528360000002681238000
Saturday, January 1, 20221707820000003190095000
Sunday, January 1, 20231691480000003654945000
Monday, January 1, 20241806830000004430362000
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Igniting the spark of knowledge

A Tale of Two Giants: Apple Inc. vs. Cadence Design Systems, Inc.

In the ever-evolving landscape of technology, the financial performance of industry leaders like Apple Inc. and Cadence Design Systems, Inc. offers a fascinating glimpse into their growth trajectories. Over the past decade, Apple has consistently demonstrated its dominance, with its gross profit soaring by approximately 156% from 2014 to 2023. This remarkable growth underscores Apple's ability to innovate and capture market share.

Meanwhile, Cadence Design Systems, Inc., a key player in electronic design automation, has also shown impressive growth, with its gross profit increasing by nearly 170% over the same period. Despite the difference in scale, Cadence's growth rate highlights its strategic positioning in a niche market.

While Apple's gross profit reached a staggering $180 billion in 2024, Cadence's data for the same year remains elusive, leaving room for speculation about its continued trajectory. This comparison not only showcases the giants' financial prowess but also invites curiosity about their future paths.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025