| Stage | DELL | % of rev | AAPL | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $47.0B | 100.00% | $109B | 100.00% | AAPL ×2.33 |
| Gross profit | $9.8B | 20.93% | $54.8B | 50.06% | AAPL +29.1pp |
| Operating income | $5.4B | 11.46% | $35.7B | 32.62% | AAPL +21.2pp |
| Pre-tax income | $5.1B | 10.92% | $36.3B | 33.15% | AAPL +22.2pp |
| Net income | $4.1B | 8.80% | $29.8B | 27.23% | AAPL +18.4pp |
| Stage | DELL | AAPL | Gap · A − B |
|---|---|---|---|
| Revenue | $47.0B100.00% | $109B100.00% | AAPL ×2.33 |
| Gross profit | 20.93%$9.8B | 50.06%$54.8B | AAPL +29.1pp |
| Operating income | 11.46%$5.4B | 32.62%$35.7B | AAPL +21.2pp |
| Pre-tax income | 10.92%$5.1B | 33.15%$36.3B | AAPL +22.2pp |
| Net income |
| 8.80%$4.1B |
| 27.23%$29.8B |
| AAPL +18.4pp |
DELL · SNX 10-KJan 24 '25
“Our primary OEM suppliers include Apple, Inc., Cisco Systems, Inc., Dell, Inc., Hewlett-Packard Enterprise Company, HP Inc., International Business Machines Corporation, Lenovo Group Ltd., Microsoft Corporation, and Samsung Electronics Co., Ltd.”
AAPL · SNX 10-KJan 24 '25
“Apple, Inc. 12 % 11 % 11 %”
DELL · DLB 10-KNov 18 '25
“A number of PCs from partners such as Apple, Lenovo, Dell, Samsung, Microsoft, and ASUS also support Dolby Vision and/or Dolby Atmos, with continued expansion of applications through music, streaming, and gaming.”
AAPL · DLB 10-KNov 18 '25
“Dolby Atmos and Dolby Vision are included throughout the Apple device line-up and in Apple TV, and Dolby Atmos is included in Apple Music.”
DELL · CNXN 10-KFeb 24 '26
“Products manufactured by Microsoft Corporation, HP Inc., and Dell Inc. represented approximately 16%, 13%, and 12%, respectively, of our total product purchases in 2025.”
AAPL · CNXN 10-KFeb 24 '26
“Certain hardware and software vendors, such as Apple, Dell Inc., Lenovo, and HP Inc., who provide products to us, also sell their products directly to end users through their own direct sales force, catalogs, stores, and via the Internet.”
DELL · INGM 10-KMar 3 '26
“Our vendors include many of the largest tech companies, including Advanced Micro Devices, Apple, Amazon Web Services (AWS), Cisco, Dell Technologies, Hewlett Packard Enterprise, HP Inc., Lenovo, Microsoft, NVIDIA and Super Micro Computer.”
AAPL · INGM 10-KMar 3 '26
“Our vendors include many of the largest tech companies, including Advanced Micro Devices, Apple, Amazon Web Services (AWS), Cisco, Dell Technologies, Hewlett Packard Enterprise, HP Inc., Lenovo, Microsoft, NVIDIA and Super Micro Computer.”