Who Generates Higher Gross Profit? Apple Inc. or Telefonaktiebolaget LM Ericsson (publ)

Apple vs. Ericsson: A Decade of Gross Profit Comparison

In the ever-evolving tech industry, Apple Inc. and Telefonaktiebolaget LM Ericsson (publ) have been key players, each with its unique strengths. From 2014 to 2023, Apple consistently outperformed Ericsson in terms of gross profit. In 2014, Ericsson led with a 17% higher gross profit than Apple. However, by 2023, Apple had surged ahead, boasting a 67% higher gross profit than Ericsson. This shift highlights Apple's robust growth strategy and market dominance.

Key Insights

• 2014-2016: Ericsson initially led, but Apple's strategic innovations began closing the gap.
• 2017-2020: Apple surpassed Ericsson, with a notable 19% increase in 2020.
• 2021-2023: Apple's gross profit peaked in 2024, despite missing data for Ericsson.

This analysis underscores Apple's resilience and adaptability in a competitive landscape, while Ericsson's fluctuating performance reflects industry challenges.