Who Generates Higher Gross Profit? Apple Inc. or International Business Machines Corporation

Apple's Gross Profit Dominance Over IBM: A Decade in Review

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Igniting the spark of knowledge

Apple vs. IBM: A Decade of Gross Profit Comparison

In the ever-evolving landscape of technology giants, Apple Inc. and International Business Machines Corporation (IBM) have long been at the forefront. Over the past decade, from 2014 to 2024, Apple has consistently outperformed IBM in terms of gross profit. In 2014, Apple's gross profit was approximately 52% higher than IBM's. Fast forward to 2024, and this gap has widened significantly, with Apple's gross profit being over five times that of IBM's.

Key Insights

  • Apple's Growth: Apple's gross profit has seen a remarkable increase, peaking in 2024 with a growth of over 150% from 2014.
  • IBM's Stability: IBM's gross profit has remained relatively stable, with minor fluctuations, highlighting its steady business model.

This data underscores Apple's dominant position in the tech industry, driven by innovation and consumer demand, while IBM maintains its legacy as a stable, albeit less dynamic, player.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025