Gross Profit Comparison: Apple Inc. and ServiceNow, Inc. Trends

A Tale of Two Giants: Apple Inc. vs. ServiceNow, Inc.

In the ever-evolving landscape of technology, Apple Inc. and ServiceNow, Inc. have carved distinct niches. Over the past decade, Apple's gross profit has surged by approximately 156%, reflecting its dominance in consumer electronics and services. In contrast, ServiceNow, a leader in enterprise cloud computing, has seen its gross profit grow by an impressive 1,900% since 2014, albeit from a smaller base.

Key Insights

• Apple's Growth: From 2014 to 2024, Apple's gross profit increased from $70 billion to $181 billion, showcasing its robust product ecosystem and loyal customer base.
• ServiceNow's Rise: Starting at $433 million in 2014, ServiceNow's gross profit reached nearly $8.7 billion by 2024, highlighting its rapid expansion in the enterprise software market.

This comparison underscores the diverse strategies and growth trajectories of these tech titans, each excelling in their respective domains.