Revenue Showdown: Apple Inc. vs Fortinet, Inc.

Apple vs Fortinet: A Decade of Revenue Growth

__timestampApple Inc.Fortinet, Inc.
Wednesday, January 1, 2014182795000000770364000
Thursday, January 1, 20152337150000001009268000
Friday, January 1, 20162156390000001275443000
Sunday, January 1, 20172292340000001494930000
Monday, January 1, 20182655950000001801200000
Tuesday, January 1, 20192601740000002156200000
Wednesday, January 1, 20202745150000002594400000
Friday, January 1, 20213658170000003342200000
Saturday, January 1, 20223943280000004417400000
Sunday, January 1, 20233832850000005304800000
Monday, January 1, 20243910350000005955800000
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Unleashing the power of data

A Decade of Revenue Growth: Apple Inc. vs Fortinet, Inc.

In the ever-evolving tech landscape, Apple Inc. and Fortinet, Inc. have showcased remarkable revenue trajectories over the past decade. From 2014 to 2023, Apple has consistently demonstrated its market dominance, with revenue surging by over 110%, peaking at approximately $394 billion in 2022. This growth underscores Apple's ability to innovate and capture consumer interest globally.

Meanwhile, Fortinet, a leader in cybersecurity solutions, has experienced a robust revenue increase of nearly 590% during the same period, reaching around $5.3 billion in 2023. This impressive growth highlights the rising importance of cybersecurity in an increasingly digital world.

While Apple's revenue dwarfs that of Fortinet, the latter's rapid growth rate is a testament to its strategic positioning in a niche market. 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