__timestamp | Corning Incorporated | International Business Machines Corporation |
---|---|---|
Wednesday, January 1, 2014 | 5663000000 | 46386000000 |
Thursday, January 1, 2015 | 5458000000 | 41057000000 |
Friday, January 1, 2016 | 5644000000 | 41403000000 |
Sunday, January 1, 2017 | 6084000000 | 42196000000 |
Monday, January 1, 2018 | 6829000000 | 42655000000 |
Tuesday, January 1, 2019 | 7468000000 | 26181000000 |
Wednesday, January 1, 2020 | 7772000000 | 24314000000 |
Friday, January 1, 2021 | 9019000000 | 25865000000 |
Saturday, January 1, 2022 | 9683000000 | 27842000000 |
Sunday, January 1, 2023 | 8657000000 | 27560000000 |
Monday, January 1, 2024 | 8842000000 | 27202000000 |
Infusing magic into the data realm
In the ever-evolving landscape of technology and manufacturing, understanding the cost of revenue is crucial for assessing a company's financial health. Over the past decade, International Business Machines Corporation (IBM) and Corning Incorporated have showcased distinct trends in their cost of revenue. From 2014 to 2024, IBM's cost of revenue has seen a significant decline, dropping from approximately $46 billion in 2014 to around $27 billion in 2024. This represents a reduction of nearly 41%, reflecting IBM's strategic shift towards more efficient operations and cost management.
Conversely, Corning Incorporated has experienced a steady increase in its cost of revenue, rising from about $5.7 billion in 2014 to nearly $8.8 billion in 2024, marking a 54% increase. This growth aligns with Corning's expansion in the materials science sector, driven by innovation and increased production capacity. These contrasting trends highlight the diverse strategies and market dynamics influencing these industry giants.
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