Annual Revenue Comparison: International Business Machines Corporation vs Microchip Technology Incorporated

IBM vs. Microchip: A Decade of Revenue Shifts

__timestampInternational Business Machines CorporationMicrochip Technology Incorporated
Wednesday, January 1, 2014927930000001931217000
Thursday, January 1, 2015817420000002147036000
Friday, January 1, 2016799200000002173334000
Sunday, January 1, 2017791390000003407807000
Monday, January 1, 2018795910000003980800000
Tuesday, January 1, 2019577140000005349500000
Wednesday, January 1, 2020551790000005274200000
Friday, January 1, 2021573510000005438400000
Saturday, January 1, 2022605300000006820900000
Sunday, January 1, 2023618600000008438700000
Monday, January 1, 2024627530000007634400000
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In pursuit of knowledge

A Decade of Revenue Dynamics: IBM vs. Microchip Technology

In the ever-evolving landscape of technology, the revenue trajectories of International Business Machines Corporation (IBM) and Microchip Technology Incorporated offer a fascinating glimpse into the industry's shifts over the past decade. From 2014 to 2024, IBM's annual revenue has seen a decline of approximately 32%, dropping from its peak in 2014. This trend reflects the company's strategic pivot from traditional hardware to cloud computing and AI services.

Conversely, Microchip Technology has experienced a robust growth of over 290% in the same period, highlighting its successful expansion in the semiconductor market. By 2023, Microchip's revenue reached its zenith, showcasing the increasing demand for microcontrollers and analog semiconductors.

This comparison underscores the broader industry trend where nimble, specialized firms like Microchip are thriving, while legacy giants like IBM are navigating transformative shifts to maintain their market relevance.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025