Net Income Apple’s net profit for the same period was $101.956 billion, representing an increase of 7.59% year-on-year. This is in contrast to the previous year, when net profit declined by 2.81%. Microsoft, on the other hand, achieved a net profit of $88.136 billion in 2024, reflecting a notable increase of 21.8% compared to its 2023 results. The company faced a slight decline of 0.
Market capitalization Apple leads in market capitalization, valued at about $3.46 trillion, surpassing Microsoft's $3.18 trillion. The distinction underscores Apple's larger market footprint despite the challenges it faced in revenue and net income in its most recent fiscal year. Operating income Apple’s operating revenue for the twelve months ended June 30, 2024 was $120.
594 billion, up 7.46% from the prior year. 4.3% decline from 2022 to 2023. Microsoft also qatar phone number data posted impressive numbers with an operating revenue of $109.433 billion in 2024, up a notable 23.62% from 2023. Gross profit margin In terms of profitability, Apple has a gross profit margin of 45.96% , while Microsoft places a significantly higher score of 69.
76%, emphasizing its efficiency in managing costs and generating profits from revenues. Growth trends and challenges While both Apple and Microsoft maintain strong financial health, Microsoft has shown a more favorable growth trajectory in its last fiscal year, particularly in revenue and net income. Apple, despite its revenue and profit challenges, has shown resilience in its operating income and net income, indicating potential for recovery. Going forward, both companies will need to address their respective challenges to sustain growth and maintain competitive advantages within the tech industry.