Who Generates Higher Gross Profit? Apple Inc. or II-VI Incorporated

A Tale of Two Giants: Apple Inc. vs. II-VI Incorporated

In the ever-evolving landscape of technology and innovation, the battle for supremacy often boils down to financial prowess. Over the past decade, Apple Inc. has consistently demonstrated its dominance in generating gross profit, overshadowing II-VI Incorporated by a staggering margin. From 2014 to 2023, Apple's gross profit surged by approximately 156%, peaking at an impressive $180 billion in 2024. In contrast, II-VI Incorporated, a key player in the optoelectronics industry, saw its gross profit grow by around 614% over the same period, reaching $1.6 billion in 2023. Despite this remarkable growth, II-VI's figures remain a fraction of Apple's financial might. This stark contrast highlights the scale at which Apple operates, leveraging its brand and innovation to maintain a commanding lead. As we look to the future, the question remains: can II-VI close the gap, or will Apple continue to set the benchmark for success?